1. What is role of financial markets?
2. What effect do interest rates have on investment? Savings?
3. Which types of securities have lower interest rates?
4. What is common stock?
5. What are banks?
6. What is the link between the money supply and the business cycle?
7. What is the link between the money supply and inflation?
8. In the U.S., which institution is responsible for monetary policy?
9. What is a budget deficit? Suprlus?
10. What is the relationship between aggregate income and aggregate production? How are they different?
11. What is the GDP deflator?