Money Market & Government Borrowing

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What has been the trend of inflation since 1992?

It has been fairly low (correct)

It has been high

It has been unpredictable

It has been moderate

What happens to the unemployment rate during a recession?

It decreases

It remains the same

It increases (correct)

It becomes unpredictable

What is the term for a prolonged period of high inflation?

Hyperinflation (correct)

Stagflation

Deflation

Recession

What is the term for a period of low economic activity?

Slump Signup and view all the answers

What is the term for a situation where inflation and unemployment are high?

Stagflation Signup and view all the answers

What type of bonds are issued by the government to finance its activities?

Treasury bonds Signup and view all the answers

What is the term for the study of individual economic units such as households and firms?

Microeconomics Signup and view all the answers

What is the term for the study of the economy as a whole?

Macroeconomics Signup and view all the answers

What is the term for the management of a country's economy by the government?

Fiscal policy Signup and view all the answers

What is the term for the actions of a central bank to control the money supply?

Monetary policy Signup and view all the answers

Money Market & Government Borrowing

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Questions and Answers

What has been the trend of inflation since 1992?

What happens to the unemployment rate during a recession?

What is the term for a prolonged period of high inflation?

What is the term for a period of low economic activity?

What is the term for a situation where inflation and unemployment are high?

What type of bonds are issued by the government to finance its activities?

What is the term for the study of individual economic units such as households and firms?

What is the term for the study of the economy as a whole?

What is the term for the management of a country's economy by the government?

What is the term for the actions of a central bank to control the money supply?

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