Exam Review Flashcards

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Flashcards about economics and related topics.

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Expansionary fiscal policy

A real-world example is the American Recovery and Reinvestment Act.

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Reasons NAFTA was replaced

Rising trade wars, environmental concerns, and labor protections.

3
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Bonds

Debt instruments.

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Price ceilings

Often result in shortages.

5
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Term life insurance

Lasts for a specific term.