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Economics

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Wilfredo Romaguera

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2y ago
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Cards in this guide (10)
What is the decreasing or increasing of the economy's supply of money in order to achieve positive outcomes

Monetary Policy

Which famed English economist laid the basis for most theories on modern fiscal policy

John Maynard Keynes

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

when government borrowing increases interest rates

How is economic activity most commonly measured

Economic activity is commonly measured as gross domestic product.

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.'

Which of these terms is used to describe the ability of government securities to be traded quickly and easily

liquid

Which of these is not an example of a non tax source of revenue for state and local governments

public schools

What of these points in the business cycle creates excitement and wealth but can also lead to deeper recessions after it ends

boom A+

Which of these describes the Gross Domestic Product

GDP is the market value of all final goods and services produced within a country's borders in a given year.

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