business business Macroeconomics introduces fundamental economic

22 questions The following is the scope of the questions

Chapter 18:

• Calculate the CPI
• Calculate the inflation rate
• Calculate real wages
• Relationship between the real interest rate and the inflation rate

Chapter 19:

• Determine the drivers of productivity
• Determine the benefit of productivity
• Calculate the compounded interest rate

Chapter 20:

• Calculate the unemployment rate, labor force participation and labor force
• Determine all types of unemployment
• Calculate the value of marginal product
• Determine the movement of the supply curve and the demand curve in the labor markets

Chapter 21:

• Calculate private saving, public saving and national saving
• Determine if a nation faces a trade balance, a surplus or a deficit
• Determine if a nation faces a balanced budget, a surplus or a deficit

Chapter 22:

• Determine the mechanisms of the Fed response, its actions and available tools to respond to an economic condition
• Determine the increase or decrease in the money supply needed to achieve the Fed goals
• Determine the role of the FOMC

Chapter 23:

• Define index funds
• Determine the role and impact of a stock holding, its risk and reward trade-off
• Define a stockholder and a bondholder
• Determine the value of a bond