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7 Cards in this Set

  • Front
  • Back
Animal Spirits
what determines the autonomous level of business investment according to John Meynard Keynes
Creeping Socialism
gradual loss of economic freedom to government
Fool in Shower
Milton Friedman's metaphor for the destabilizing effects of monetary policy
Misery Index
The inflation rate added to the unemployment rate
Stagflation
High inflation coupled with high unemployment
Twin deficits Anomaly
Government Spending>Taxes = Imports>Exports
Zombie S&L
an insolvent thrift which continues to operate