Top Macroeconomics Flashcards

Sometimes, we just prefer to look at the bigger picture. Looking at individual markets can sometimes get boring and in the case of economics, that is where the science named macroeconomics steps in. Are you curios about what it is? Then why not try out these fun flashcards that we’ve prepared just for you. Have a look at some samples and see what you’ll have to go against.

Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than what? Macroeconomics is a broad field of study, but what are the two areas of research that are emblematic of the discipline? Macroeconomic models and their forecasts are used by governments to assist in the development and evaluation of what? All of these and more can be found in the macroeconomics trivia.
Theory Of Demand & Supply In Macroeconomics Flashcards
Cards: 40| Attempts: 852| Last updated: Mar 31, 2021
  1. The Demand For A Product Is The Amount Tha...
  D
      2. The Law Of Demand Says Tha...
  D
  3. The Law Of Demand Assumes That As The Pric...
  B
  . In What Way Is Consumer Demand Different Fr...
  C
Choose The Correct Option From The Microeconomics Theory Flashcards
Cards: 40| Attempts: 693| Last updated: Sep 2, 2020
  1. The Ultimate Objective Of Macroeconomics I...
  C
  2. Which Of The Following Statements Regardin...
  A
  3. Which Of The Following Is A Stock Variable...
  C
  4 Which Of The Following Best Describes A Flo...
  D
Choose The Correct Option From The Following Macroeconomics Terms Flashcards
Cards: 40| Attempts: 640| Last updated: Sep 3, 2020
  1. Which Of The Four Types Of Economic Decisi...
  B
  2. Households Act As Demanders When They Dema...
  D
  3. In The United States Since World War II, T...
  E
  4. The Term "utility" Means A. Sa...
  A

Choose Correct Option From History Of Economic Thought Flashcards
Cards: 40| Attempts: 479| Last updated: Mar 31, 2021
         1. &nbs...
   C. Is That There Are Not Enough Re...
  Scarcity Is Best Defined As A. Un...
   D. Insufficient Resources To Satis...
       3.   Which...
   D. The Problem Will Exist As Long ...
  4. Economics Is The Study Of A. H...
   C. How Individuals And Nations Dea...
Macro Chapter 4
Cards: 25| Attempts: 50| Last updated: Sep 18, 2015
  Gross Domestic Product (GPD)
  Is The Current Dollar Output Of All Final Goo...
  2 Ways To Calculate A Measure GDP
    1.) Expenditure Appproach  ...
  What Are The Four Components Of Expenditure A...
  *Consumption  Spending (c) * Government...
  In Investment Spending Will Include The ...
  1.) Costruction Both Residential And Commeric...
Answer These Factors Of Production In Microeconomics Flashcards
Cards: 55| Attempts: 47| Last updated: May 7, 2020
  What Is The Definition Of Economics?
  A Social Science Dealing With The Allocation ...
  What Are The Four Factors Of Production?
  Land, Labor, Capital, And Entrepreneurial Abi...
  What Is Capital (like In The Factors Of Produ...
  Tools, Equipment, And Machinery Used. It Can ...
  What Is The Economic Problem?
  People Have Scarce Resources And Unlimited Wa...
Explain The Following Macroeconomics Formulae Flashcards
Cards: 28| Attempts: 28| Last updated: Apr 6, 2020
  Z = C + I + G
  Demand For Goods, Z, In A Closed Economy
  What Is C Stand For?
  Consumption
  What Does YD Stand For?
  Disposable Income
  What Is The Equation For Consumption?
  C= C(YD) = Consumption Function   &...
Macroeconomic Final
Cards: 137| Attempts: 26| Last updated: Sep 17, 2015
  The Tax Multiplier Is Always One-half Of The ...
  False
  The Three Leakages In The Macroeconomic Model...
  True
  Which One Of The Following Statements In TRUE...
  Except For A Few Years Around 2000, The Gover...
  The Presence Of Interantional Trade Will Tend...
  False
Macroeconomics Chapter 7-8
Cards: 22| Attempts: 11| Last updated: Sep 18, 2015
  Economic Fluctuations And Key Characteristics
  The Cyclical Behaviour Of The Economy Over Ti...
  Recession
  The Economy Is Growing At A Rate Below Normal...
  Expansion
  The Economy Is Growing At A Rate Above Normal
  Potential Output
  Measures The Amount Of GDP (output) When Reso...
CLEP Macroeconomics
Cards: 99| Attempts: 6| Last updated: Sep 16, 2015
  Needs, Wants & Scarcity
  Scarce. The Desire Of Society (individual Con...
  Absolute Advantage
  In Economics, Absolute Advantage Refers To Th...
  Absolute Advantage
  It Can Be Contrasted With The Concept Of Comp...
  AD/AS Model
  The AD-AS Or Aggregate Demand-Aggregate Suppl...
Chapters 6-8 AP MacroEconomics Test
Cards: 24| Attempts: 2| Last updated: Sep 18, 2015
  GDP Expenditures Method
  CIGE (Consumption Of Households, Investments ...
  GDP Income Method
  WRIPS (Wages + Rents + Interests + Profits + ...
  Net Domestic Product (NDP)
  GDP - Consumption Of Fixed Capital = NDP (dep...
  National Income (NI)
  NDP - Statistical Discrepancy + Net Foreign F...
Macroeconomics Lecture 3
Cards: 25| Attempts: 0| Last updated: Sep 23, 2015
  Production Function
  Y = F(K, L)
  Production Function: Assumptions
  - Technology Is Fixed- Labour And Capital Are...
  National Income: Aspects
  W = Nominal WageR = Nominal Rental WageP = Pr...
  Formula; Real Wage
  W/P  - Nominal Wage/price Of Output
Macroeconomics Vocabulary Ch. 1-4
Cards: 71| Attempts: 0| Last updated: Sep 16, 2015
  Natural Resources
  The Lands, Water, Metals, Minerals, Andimals ...
  Scarcity
  The Perpetual State Of Insufficiency Of Resou...
  Economics
  Study Of How People Work Together To Transfor...
  Consumer Sovereignty
  The Ability Of Consumers To Exercise Complete...
Macroeconomics Test #2
Cards: 12| Attempts: 0| Last updated: Sep 17, 2015
  When Economists Talk About 'holding Everythin...
  Willingness To Spend (by Households, Firms, A...
  How Does The Dynamic Model Of AD/AS Explain I...
  Inflation Occurs When Spending Increases Fast...
  Two Goals Of An AE Model?
  1. Define Macroeconomic Equillibrium2. Show S...
  What 4 Things Could Change Consumption That W...
  Disposable Income, Household Wealth, Expected...
Macroeconomics Final
Cards: 17| Attempts: 0| Last updated: Sep 17, 2015
   Aggregate Demand
  The Total Demand For Goods And Services In Th...
  Demand-pull Inflation
  Inflation That Is Initiated By An Increase In...
  Cost-push Inflation
  Inflation Caused By An Increase In Costs.
  Sticky Wages
  The Downward Rigidity Of Wages And An Explana...


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