Google
Sunday 
September 19, 2021 

AmosWEB means Economics with a Touch of Whimsy!

AmosWEBWEB*pediaGLOSS*aramaECON*worldCLASS*portalQUIZ*tasticPED GuideXtra CrediteTutorA*PLS
RESERVES: The vault cash and deposits at the Federal Reserve System that banks use to complete day-to-day transactions.

Visit the GLOSS*arama

Most Viewed (Number) Visit the WEB*pedia

Lesson 9: Macro Basics | Unit 3: Business Cycles Page: 8 of 16

Topic: Instability <=PAGE BACK | PAGE NEXT=>

The macroeconomy is unstable. It has periods of falling production, rising inflation, and/or high unemployment.

Business cycles are recurring expansions and contractions of the aggregate economy.

  • Expansion is a general period of increasing economic activity, or rising production, which is associated with low or falling unemployment and high or rising inflation.
  • Contraction is a general period of decreasing economic activity, or falling production, which is associated with high or rising unemployment and low or falling inflation.
Counter-cyclical policies to stabilize the business cycle:
  • During an expansion, try to cause a contraction.
  • During a contraction, try to cause an expansion.

Course Home | Lesson Menu | Page Back | Page Next

RISK LOVING

A preference for risk in which a person prefers risky income over guaranteed or certain income. Risk loving arises due to increasing marginal utility of income. A risk loving person prefers to undertake risk and is even willing to pay to do so. This is one of three risk preferences. The other two are risk neutrality and risk aversion.

Complete Entry | Visit the WEB*pedia


APLS

GREEN LOGIGUIN
[What's This?]

Today, you are likely to spend a great deal of time lost in your local discount super center trying to buy either a set of tires or a birthday gift for your grandfather. Be on the lookout for infected paper cuts.
Your Complete Scope

This isn't me! What am I?

The first paper notes printed in the United States were in denominations of 1 cent, 5 cents, 25 cents, and 50 cents.
"When you play, play hard; when you work, don't play at all. "

-- Theodore Roosevelt, 26th US president

BQ
Basic Qoute
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 ©2000-2021 AmosWEB*LLC
Send comments or questions to: WebMaster