Find Flashcards
Why It Works
More
Educators
Businesses
Academy
About

Brainscape's Knowledge Genome^TM

Browse over 1 million classes created by top students, professors, publishers, and experts.

Entrance Exams
Professional Certifications
Foreign Languages
Medical & Nursing
Science
English
Humanities & Social Studies
Mathematics
Law
Vocations
Health & Fitness
Business & Finance
Technology & Engineering
Food & Beverage
Fine Arts
Random Knowledge

See full index

L1 19 Monetary and Fiscal Policy > b describe functions and definitions of money; > Flashcards

b describe functions and definitions of money; Flashcards

L1 19 Monetary and Fiscal Policy (20 decks)

Monetary and Fiscal Policy

a compare monetary and fiscal policy;

b describe functions and definitions of money;

c explain the money creation process;

d describe theories of the demand for and supply of money;

e describe the Fisher effect;

f describe roles and objectives of central banks;

g contrast the costs of expected and unexpected inflation;

h describe tools used to implement monetary policy;

i describe qualities of effective central banks;

j explain the relationships between monetary policy and economic growth, inflation, interest, and exchange rates;

k contrast the use of inflation, interest rate, and exchange rate targeting by central banks;

l determine whether a monetary policy is expansionary or contractionary;

m describe limitations of monetary policy;

n describe roles and objectives of fiscal policy;

o describe tools of fiscal policy, including their advantages and disadvantages;

p describe the arguments about whether the size of a national debt relative to GDP matters;

q explain the implementation of fiscal policy and difficulties of implementation;

r determine whether a fiscal policy is expansionary or contractionary;

s explain the interaction of monetary and fiscal policy.

Key Links
Subjects
Company
- About Us
- Earn Money!
- Academy
- Swag Shop
- Contact
- Terms
- Podcasts
Find Us

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions