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  • 90 terms

    Term:

    For the economy as a whole, ____ always equals ____.

    Definition:

    Savings, Investment Spending

    • Module 21 Flashcards
    • 90 terms
    • Vocabulary for Module 21 Flashcards. Find, create, and access Macroeconomics, Inflation, Interest Rates, Supply And Demand, Modules flashcards with Course Hero.
  • 59 terms

    Term:

    Consumer spending normally accounts for ____ of total spending on final goods and services.

    Definition:

    2/3

    • Module 25 Study Flashcards
    • 59 terms
    • Vocabulary for Module 25 Study Flashcards. Find, create, and access Macroeconomics, Module 25, Consumption function flashcards with Course Hero.
  • 23 terms

    Term:

    To what does the word forensic pertain?

    Definition:

    Matters relating to law and courts of law.

    • Fraud and Forensic Accounting
    • 23 terms
    • Vocabulary for Fraud and Forensic Accounting. Find, create, and access Forensic Accounting, Financial audit, flashcards with Course Hero.
  • 37 terms

    Term:

    The _______________ shows the relationship between the aggregate price level and the quantity of aggregate output demanded by households, businesses, the government and the rest of the world.

    Definition:

    aggregate demand curve

    • Module 27 Class Notes
    • 37 terms
    • Vocabulary for Module 27 Class Notes. Find, create, and access Macroeconomics, Inflation, Interest Rates, Supply And Demand, Module 27 flashcards with Course Hero.
  • 36 terms

    Term:

    Four simplifying assumptions:

    Definition:

    1. Producers are willing to supply additional output at a fixed price 2. The interest rate is fixed 3. Taxes, government transfers, and government purchases are all zero 4. Exports and imports are zero

    • Module 24 Study Flashcards
    • 36 terms
    • Vocabulary for Module 24 Study Flashcards. Find, create, and access Macroeconomics, Disposable income, Module 24, flashcards with Course Hero.
  • 33 terms

    Term:

    Four simplifying assumptions:

    Definition:

    1. Changes in overall spending lead to changes in aggregate output 2. The interest rate is fixed 3. Taxes, government transfers, and government purchases are all zero 4. Exports and imports are zero

    • Module 26 Class Notes
    • 33 terms
    • Vocabulary for Module 26 Class Notes. Find, create, and access Economics, Macroeconomics, Module 26, Consumption function flashcards with Course Hero.
  • 17 terms

    Term:

    The short-run alternation between economic downturns and economic upturns is referred to as the ________.

    Definition:

    business cycle

    • Macroeconomics Exam 1 Fill in the Blank
    • 17 terms
    • Vocabulary for Macroeconomics Exam 1 Fill in the Blank. Find, create, and access Economics, Macroeconomics, Unemployment, labor force, flashcards with Course Hero.
  • 17 terms

    Term:

    The government opts to set aside $10 million of general fund resources to finance a new city hall. Construction is expected to begin in several years, when the city has been able to accumulate additional resources.

    Definition:

    The govt may acct for the $10 million in a capital projects fund, and in its govt-wide statements it may report $10 million as "restricted"

    • Govt Test 2
    • 17 terms
    • Vocabulary for Govt Test 2. Find, create, and access Finance, flashcards with Course Hero.

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