Macroeconomics Vocab by Diana Vega-Aguilar _ Student - EastWakeHS https://padlet.com/dlvega_aguilar/1h45d15x7kzr en-us 2019-01-02 16:48:20 UTC 2019-01-15 02:41:22 UTC hello@padlet.com Business Cycle dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317078940 Definition: A cycle or series of cycles of economic expansion and contraction.
Sentence: The wheel factory shuts down every July for cleaning and maintenance, this is ideal because July is a low point in the business cycle for wheel sales.
Example: Going from a peak in the cycle to a trough.

]]> 2019-01-02 16:49:41 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317078940 Contraction dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317080880 Definition: The economy is declining, Inflation is falling, and the rate of unemployment is rising.
Sentence: Economic contraction is the prime force that is driving companies to lay off workers.
Example: The Great Depression was the biggest economic contraction in US history.]]> 2019-01-02 16:56:50 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317080880 Peak/Prosperity dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317082881 Definition: The economy is good, Inflation is high, and unemployment rates are low.
Sentence: The smaller company was at its peak, seeing numbers they never hoped to see.
Example: The economic factors, such as production, profit, sales, and employment, are higher, but do not increase further.]]> 2019-01-02 17:05:18 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317082881 Expansion dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085835 Definition: The economy is improving, Inflation is rising, and the unemployment rate is falling.
Sentence: An educated workforce is argued to be one of the important prerequisites for economic expansion and advance.
Example: The economic "boom" after WW1, when new inventions were created and the assembly line was produced.]]> 2019-01-02 17:18:14 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085835 Trough dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085863 Definition: The economy is bad, Inflation is low (deflation), and the unemployment rate is high.
Sentence: In a trough it becomes difficult for debtors to pay off their debt.
Example: Rate of interest decreases, so banks prefer to not lend money.]]> 2019-01-02 17:18:25 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085863 Recession dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085877 Definition: The economy is declining, Inflation is falling, and unemployment rate is rising. AKA a contraction.
Sentence: Recession generally occurs when there is a widespread drop in spending.]]> 2019-01-02 17:18:31 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085877 Depression dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085904 Definition: The economy is bad, Inflation is low (deflation), and unemployment rate is high.
Sentence: Many people lost their jobs during the depression.
Example: The Great Depression was the biggest economic depression in US history.]]> 2019-01-02 17:18:39 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085904 Monetary Policy dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085922 Definition: Is a policy that is laid down by the central bank, to achieve inflation, consumption, growth & liquidity
Sentence:  ]]> 2019-01-02 17:18:46 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085922 Federal Reserve (FED) dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085951 2019-01-02 17:18:58 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085951 Easy Money Policy dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085999 2019-01-02 17:19:13 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317085999 Tight Money Policy dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086036 2019-01-02 17:19:29 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086036 Reserve Requirement dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086058 2019-01-02 17:19:38 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086058 Fiscal Policy dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086107 2019-01-02 17:19:52 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086107 National Debt dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086146 2019-01-02 17:20:06 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086146 Budget Surplus dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086171 2019-01-02 17:20:16 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086171 Progressive Tax dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086216 2019-01-02 17:20:30 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086216 Regressive Tax dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086251 2019-01-02 17:20:42 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086251 Proportional Tax dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086281 2019-01-02 17:20:52 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086281 Globalization dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086317 2019-01-02 17:21:05 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086317 Trade Deficit dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086363 2019-01-02 17:21:19 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086363 Trade Surplus dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086403 2019-01-02 17:21:35 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086403 Comparative Advantage dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086420 2019-01-02 17:21:44 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086420 Absolute Advantage dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086448 2019-01-02 17:21:53 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086448 Favorable Balance of Trade dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086580 2019-01-02 17:22:42 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086580 Unfavorable Balance of Trade dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086638 2019-01-02 17:22:59 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086638 Outsourcing dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086678 2019-01-02 17:23:13 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086678 NAFTA dlvega_aguilar https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086733 2019-01-02 17:23:30 UTC https://padlet.com/dlvega_aguilar/1h45d15x7kzr/wish/317086733