Google
Tuesday 
October 16, 2018 

AmosWEB means Economics with a Touch of Whimsy!

AmosWEBWEB*pediaGLOSS*aramaECON*worldCLASS*portalQUIZ*tasticPED GuideXtra CrediteTutorA*PLS
AE LINE: Another term for aggregate expenditure line, which is a line representing the relation between aggregate expenditures and gross domestic product used in the Keynesian cross. The aggregate expenditure line is obtained by adding investment expenditures, government purchases, and net exports to the consumption line. As such, the slope of the aggregate expenditure line is largely based on the slope of the consumption line (which is the marginal propensity to consume), with adjustments coming from the marginal propensity to invest, the marginal propensity for government purchases, and the marginal propensity to import. The intersection of the aggregate expenditures line and the 45-degree line identifies the equilibrium level of output in the Keynesian cross.

Visit the GLOSS*arama

Most Viewed (Number) Visit the WEB*pedia

Lesson Contents
Unit 1: The Fed
  • King Clarence
  • What It Is
  • Unit 1 Summary
  • Unit 2: What It Does
  • Money Control
  • Instability
  • Unit 2 Summary
  • Unit 3: The Fed Pyramid
  • Overview
  • Top
  • Middle
  • Base
  • Unit 3 Summary
  • Unit 4: Monetary Policy
  • Overview
  • Overview: Graphs
  • Open Market Operations
  • Discount Rate
  • Reserve Requirements
  • Moral Suasion
  • Unit 4 Summary
  • Unit 5: Issues
  • Policies
  • Unit 5 Summary
  • Course Home
    Federal Reserve System

    In this lesson, we take a detailed look at the government entity that is directly responsible for controlling the money supply and undertaking business-cycle stabilizing monetary policy -- the Federal Reserve System. The Federal Reserve System is the U.S. economy's number one bank regulator. And they do this regulation with the goal of ensuring the that the nation has just the right about money to avoid high rates of unemployment and inflation. To understand how the Federal Reserve System does it's job, we take a close look at how it is structure and policy tools it has under its' control.

    • The first unit introduces the Federal Reserve System, with a discussion of King Clarence and his role in assisting the operations of Fred the Goldsmith.
    • In the second unit we take a look at the importance of controlling the banking system, and the consequences if the control is ineffective.
    • The structure of the Federal Reserve System is examined in the third unit, with the highlights being the Chairman of the Federal Reserve System and the Federal Open Market Committee.
    • The fourth unit then explores the assorted policy tools used by the Federal Reserve System to control the banking system and the money supply, including open market operations, discount rate, and reserve requirements.
    • We close out this lesson in the fifth unit with a few thoughts on the role politics play in the formulation of monetary policies.

    BEGIN Lesson =>


    <=PREVIOUS Lesson | NEXT Lesson =>

    INEFFICIENT

    The state of resource allocation that exists when the highest level of consumer satisfaction is not achieved from available resources. This state occurs in market exchanges if the price buyers are willing and able to pay for a good does not reflect the satisfaction everyone obtains from the consuming the good or if the price sellers need to charge for a good does not reflect all opportunity cost of producing the good.

    Complete Entry | Visit the WEB*pedia


    APLS

    PURPLE SMARPHIN
    [What's This?]

    Today, you are likely to spend a great deal of time wandering around the downtown area trying to buy either a pair of blue silicon oven mitts or a coffee cup commemorating the 2000 Olympics. Be on the lookout for mail order catalogs with hidden messages.
    Your Complete Scope

    This isn't me! What am I?

    Junk bonds are so called because they have a better than 50% chance of default, carrying a Standard & Poor's rating of CC or lower.
    "Success is more a function of consistent common sense than it is of genius. "

    -- An Wang, industrialist

    CPI-U
    Consumer Price Index-All Urban Consumers
    A PEDestrian's Guide
    Xtra Credit
    Tell us what you think about AmosWEB. Like what you see? Have suggestions for improvements? Let us know. Click the User Feedback link.

    User Feedback



    | AmosWEB | WEB*pedia | GLOSS*arama | ECON*world | CLASS*portal | QUIZ*tastic | PED Guide | Xtra Credit | eTutor | A*PLS |
    | About Us | Terms of Use | Privacy Statement |

    Thanks for visiting AmosWEB
    Copyright ©2000-2018 AmosWEB*LLC
    Send comments or questions to: WebMaster