StudyGuide2

StudyGuide2 - Deskins Principles of Macroeconomics Exam 2...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Deskins – Principles of Macroeconomics Exam 2 Study Guide From Previous Chapters Know the relevant statistics for real GDP, the CPI, and the unemployment rate for the most recent period for which statistics are available. From Chapter 8 1. Understand the basic function of the financial system and its role in long-run economic development. Understand the characteristics of savers and investors. 2. Understand the basics of the bond market and the stock market. 3. Understand the function of financial intermediaries. 4. Know the precise economic definitions of saving and investment and understand why they must equal one another. 5. Understand how the model of supply and demand can be applied to the market for loanable funds. Be able to use this model to depict how various exogenous shocks that change a) savings incentives, b) investment incentives, and b) the government budget deficit affect the quantity of savings and investment and interest rates. Know a few examples of savings incentives and investment
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/27/2011 for the course ECON 205 taught by Professor Johndeskins, during the Fall '11 term at Creighton.

Page1 / 2

StudyGuide2 - Deskins Principles of Macroeconomics Exam 2...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online