https://padlet.com/miyapaylor/ggwm1q5sl630 Made with serendipity en-us 2018-12-20 12:46:09 UTC 2018-12-21 12:43:20 UTC hello@padlet.com miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134804 Is the downward and upward movement of gross domestic product around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.

Sentence: The business cycle slowed down after the great depression.

example: during economic expansion the technology and banking stock tend to outperform. ]]> 2018-12-20 12:46:32 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134804 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134842 a phase of the business cycle in which the economy as a whole is in decline.

Sentence:  The whole economy was on a contraction after taxes went up

Example: the state closing down certain stores because of higher taxes]]> 2018-12-20 12:46:44 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134842 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134863  is the highest point between the end of an economic expansion and the start of a contraction in a business cycle

sentence: The peak in the economy caused more tourist to come visit where it was.

Example: Stock markets supply and demand going up]]> 2018-12-20 12:46:50 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134863 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134925  It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak. (recovery)

Sentence: The expansion of trade was due to the establishment of a boat route directly to the island.

Example: Federal Reserve lowers interest rates and buys back bonds in the open market to add money to the financial system.]]> 2018-12-20 12:47:10 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134925 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134948 is a low turning point or a local minimum of a business cycle.

Sentence: In 2001 the trough was at an all time low.

Example: Business markets going down.]]> 2018-12-20 12:47:17 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134948 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134967  is when the economy declines significantly for at least six months.

Sentence: Everywhere there are signs of the diminution of the lakes and the recession of the water line

 Example: The economy being in a drought for 6 months]]> 2018-12-20 12:47:23 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134967 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134984 A depression is a severe and prolonged downturn in economic activity. In economics, a depression is commonly defined as an extreme recession that lasts two or more years. 

Sentence: The depression this past year is worse then the recession in 2015.

Example: No more supplies for stock markets]]> 2018-12-20 12:47:30 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316134984 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135019 Monetary policy consists of the process of drafting, announcing and implementing the plan of actions taken by the central bank, currency board, or other competent regulatory authority of a country that determines the scope and impact of the key drivers of the economic activity in that country.

Sentence: monetary policy is the macroeconomic policy laid down by the central bank.

Example: decreases in the discount rate]]> 2018-12-20 12:47:36 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135019 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135068  is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.

Sentence: The federal reserve system includes 12 regional Federal Reserve Banks and 25 Federal Reserve Bank branches.

Example: Banks in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.]]> 2018-12-20 12:47:53 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135068 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135105 increases the money supply usually by lowering interest rates

Sentence: The easy money policy in NC brought more demand for products that had high interest rates.]]> 2018-12-20 12:48:06 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135105 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135138 central monetary authority, for example, the Federal Reserve System, seeks to restrict credit and raise interest rates.

Sentence: The tight money policy brought the demand down for products that had low interest rates.

]]> 2018-12-20 12:48:16 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135138 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135164 The reserve requirement is a central bank regulation employed by most, but not all, of the world's central banks, that sets the minimum amount of reserves that must be held by a commercial bank.

Sentence: the reserve requirement went down for all bank on the east coast


]]> 2018-12-20 12:48:23 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135164 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135210 is the means by which a government adjusts its spending levels and tax rates  to monitor and influence a nation's economy

Sentence: The fiscal policy made everyone come to enjoy the different spending levels. 

]]> 2018-12-20 12:48:35 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135210 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135245 the total amount of money that a country's government has borrowed, by various means.

Sentence: Americas national debt is the worse in the world


]]> 2018-12-20 12:48:45 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135245 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135275 occurs when an individual, business or government budgets more spending than there is revenue available to pay for the spending, over a specific period of time.

Sentence: The budget deficit didn't affect the way to company spent their money.


]]> 2018-12-20 12:48:56 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135275 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135321 is a period when income or receipts exceed outlays or expenditures. 

Sentence: The company budget surplus benefited them in the end


]]> 2018-12-20 12:49:09 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135321 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135380 A progressive tax is a tax in which the tax rate increases as the taxable amount increases. 

Sentence: The progressive tax increased when the demand went up


]]> 2018-12-20 12:49:23 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135380 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135421 a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases.

Sentence: The regressive tax decreased when the demand went down

]]> 2018-12-20 12:49:33 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135421 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135460  a tax imposed so that the tax rate is fixed, with no change as the taxable base amount increases or decreases

Sentence: The proportional tax had to be changed or the community wouldn't like it



]]> 2018-12-20 12:49:41 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135460 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135501 the process by which businesses or other organizations develop international influence or start operating on an international scale.

Sentence: The company was local and then globalization came into the picture when everyone heard about it.

]]> 2018-12-20 12:49:53 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135501 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135538 is an economic measure of international trade in which a country's imports exceeds its exports. 

Sentence: Some countries buy more goods than they sell causing a trade deficit, in other words, they spend more than they earn. 

]]> 2018-12-20 12:50:04 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135538 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135616 an economic measure of a positive balance of trade, where a country's exports exceed its imports

Sentence: trade surplus is defined as that a nation is exporting more than it imports, giving it an inflow of currency.

Example: China is exporting more goods than China imports from other countries.]]> 2018-12-20 12:50:22 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135616 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135705 an economy's ability to produce goods and services at a lower opportunity cost than that of trade partners.

Sentence:The country had a comparative advantage in the manufacture of electronics over many other countries due to its large labor force and lower wages.


]]> 2018-12-20 12:50:48 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135705 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135779  the ability of a party to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.

Sentence: The small country was proud to have found a way to produce cotton more efficiently and cheaply than its neighbors, as it then had an absolute advantage  in the region's textile business.

Example: China and other Asian countries are known to have an absolute advantage in manufacturing because they can take advantage of low labor costs.]]> 2018-12-20 12:51:08 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135779 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135802 The value of a nation's exports in excess of the value of its imports.

Sentence: Nations try to maintain a favorable balance of trade, which assured them of the means to buy necessary imports


]]> 2018-12-20 12:51:14 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135802 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135889  If imports are greater than exports

Sentence: The unfavorable balance of trade made the economy bad.


]]> 2018-12-20 12:51:34 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135889 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135937 obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source.

Sentence: Outsourcing components from other countries


]]> 2018-12-20 12:51:45 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135937 miyapaylor https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135970 The North American Free Trade Agreement (NAFTA) is an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries.

Sentence: The NAFTA agreement covers trade in goods, technical barriers to trade, government procurement, investment, and services. 


]]> 2018-12-20 12:51:51 UTC https://padlet.com/miyapaylor/ggwm1q5sl630/wish/316135970