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Test Bank (Downloadable Product) for Macroeconomic Principles: A Business Perspective 1st Edition Stephen Rubb, Scott Sumner, ISBN: 9781319239022

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Downloadable Instructor Test Bank for Macroeconomic Principles: A Business Perspective 1st Edition Rubb

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Test Bank for Macroeconomic Principles: A Business Perspective 1st Edition Rubb

Downloadable Instructor Test Bank for Macroeconomic Principles: A Business Perspective 1st Edition Stephen Rubb, Scott Sumner, ISBN: 9781319239022

Table of Contents

Part I An Introduction to Economics

Chapter 1 The Basics of Economics

1A Appendix: Using Graphs in Economics

Chapter 2 Why We Trade

Production, Trade, and the Global Economy

Part II Foundations of Markets

Chapter 3 Supply and Demand

Determining Prices in a Changing Business Environment

Chapter 4 Elasticity

A Measure of Responsiveness

Chapter 5 Economic Efficiency and the Case for Free Markets

How Price Controls and Taxes Result in Deadweight Loss

Part III Foundations in Government and Finance

Chapter 6 Taxes: An Economic Analysis

Funding Government Spending

Chapter 7 Stocks and Bonds

Financial Markets and Personal Finance

Chapter 7A Appendix: Present Value and the Time Value of Money

Part IV Key Macroeconomic Data

Chapter 8 Real GDP and the Price Level

Measuring the Performance of the Overall Economy

Chapter 9 Unemployment and the Business Cycle

Measuring the Performance of the Labor Market

Part V Long-Run Foundations of Macroeconomics

Chapter 10 Long Run Economic Growth

What Explains the Wealth and Poverty of Nations?

Chapter 11 Saving and Investment: A Macroeconomic Perspective

How Saving Contributes to Economic Growth

Part VI Money and the Monetary System

Chapter 12 The Monetary System

What is Money, and Where Does It Come From?

Chapter 13 Money and the Price Level in the Long Run

The Quantity Theory and the Fisher Effect

Part VII Foundations of Macroeconomics in the Short Run

Chapter 14 Aggregate Supply and Aggregate Demand

A Model of the Business Cycle

Chapter 15 Monetary Policy

How the Fed Tries to Stabilize the Economy

Chapter 16 Fiscal Policy

The Impact of Government Spending and Taxes on GDP

Part VIII Special Topics in Macroeconomics

Chapter 17 The Aggregate Expenditure Model

A Fixed Price–Level Model of the Economy

Chapter 18 The Role of Expectations in Macroeconomics

Inflation, Unemployment, and Monetary Policy

Part IX Foundations of Global Trade

Chapter 19 International Trade

Doing Business across Borders

Chapter 20 Foreign Exchange Markets

Doing Business in Multiple Currencies

Chapter 21 International Finance

The Macroeconomics of Exchange Rates and the Balance of Payments