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Economics

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Grace Tillman

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Cards in this guide (7)
Which famed English economist laid the basis for most theories on modern fiscal policy

John Maynard Keynes

Who president pursued an aggressive agenda of creating many new programs to directly assist those in need and an indirect economic recovery

FDR

Which of these may result in lower investment lower prices and slower economic activity

when government borrowing increases interest rates

Which act of Congress determines the manner in which a healthcare provider can use patient information

Health Insurance Portability and Accountability Act

Which phase in the business cycle occurs when the economy shrinks due to a decline in production of goods and services

This is called a 'recession.'

What does it mean for the economy to become more globalized

ongoing increases in trade between nations

What does it mean to say the unemployment problem in America is structural in nature

a large portion of the population does not have the skills that are truly needed by the economy for growth

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