Your Name:Brooke McDaid
Your TA: Jenny
Your Section Time and Day: friday, 10:10
Date Monday, February 20, 2017 (Presidents Day!)
Please write neatly!
Class 9, Quiz 7: To be done at home and handed in to TA se
1 UNEMPLOYMENT (CHAPTER 6)
Unemployment is the macroeconomic problem that affects people most directly and severely.
Job-training program and unemployment insurance alleviate some of the hardships that people face
Laws mandating a
Macroeconomics and Financial Markets
The Science of Macroeconomics
Macroeconomics-the study of the economy as a whole.
Three macroeconomics variables are especially important: Real GDP,
Inflation rate, and the unemployment rate.
RGDP measures th
1 INTRODUCTION TO THE FINANCIAL SYSTEMS
2007-2009 financial crisis is an example of malfunction
Unemployment raised from 5 to 10 percent.
Financial markets are made up of people and firms that buy and sell two kinds of assets: dollars