Macroeconomics Final Exam -- Summer 2000 -- Warren/DCB -- Ziegler Name_______________________ Part I Matching __1. Okun's Law __2. Negative Income Tax __3. Monetary Policy __4. Automatic Stabilizers __5. Incomes Policies __6. Full Employment Balanced Budget __7. GDP Gap __8. Ecological Fallacy of Composition __9. Deficit __10. Debt __11. Crowding Out __12. Functions of Money __13. Money Supply __14. Equation of Exchange __15. Quantity Theory of Money __16. Monetarism __17. Lorenz Curve __18. Reserve Requirement __19. Open Market Operations __20. Discount Rate __21. Real Rate of Interest __22. Margin Requirements __23. Moral Suasion __24. Monetary Rule __25. Laffer Curve __26. Rational Expectations __27. Comparative advantage __28. Balance of Trade __29. North/South Controversy __30. Balance of Payments Part II Matching __1. Supply Side Economics __2. Austrian School __3. Chicago School __4. Policy Lags __5. Leading Economic Indicators __6. Deposit Expansion Process __7. Monetary Theory of Business Cycles __8. Money Multiplier __9. Gale of Creative Destruction __10. Productivity __11. Permanent Underclass __12. LDC __13. Thomas Malthus __14. Twin Towers __15. administrative protection __16. John Rawls __17. Accord of 1951 __18. Poverty Rate __19. Charles Murray __20. Feminization of Poverty __21. IMF __22. GATT __23. NAFTA __24. Conditionalities __25. Appropriate Technology __26. Infant Industry __27. National Security __28. Protectionism __29. Bretton Woods __30. Exchange Rates 55-60 A 49-54 B 43-48 C 37-42 D Click Here for Answer Choices