Examlex
A Fed purchase of gold,SDRs,a deposit denominated in a foreign currency or any other asset is just an open market ________ of these assets,________ the monetary base.
Expansionary Gap
A condition where an economy's actual gross domestic product is higher than its long-run potential, leading to upward pressure on prices.
Government Purchases
Spending on products and services by all levels of government, not including transfer payments.
Unemployment Insurance
A government program that provides financial assistance to workers who have lost their jobs through no fault of their own.
Discretionary Fiscal Policy
Government policy that entails the use of government spending and tax policies to influence the economy, based on specific goals or conditions.
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