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☆☆☆☆☆Cards in this guide (9)
Which of these is the best description of a standard of living
It is the amount of material goods and luxuries that can be afforded compared to a person's income level.
Which of these occurs during the decline of prices due to insufficient money supply
What statement does not apply to high aggregate demand
the concern is that unemployment may increase because fewer workers are needed.
Which of these is not a goal of monetary policy
to manage how tax revenue will be spent
What statement about fiscal policy is not true
It refers to the adjustment of an economy’s money supply by a central bank.
What is the adjustment of an economys money supply by a central bank
Monetary policy
If money supply growth exceeds the growth of the overall economy what is the result
Inflation
What of these describes a weak economy
Aggregate demand is low
What is aggregate demand'
the total demand for final goods and services in the economy
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