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Spring "2000"                                           Ray Butler

"Concepts" & "Connections"

"Inflation"& "Deflation"
a) 1970's   b) Expectations   c) CPI   d) Monetary Policy

"Employment" & "Unemployment"
a) 4.2%   b) "Natural Rate"   c) "When Work Disappears"   d) 135 mil

"Indicators"
a) GDP   b) "Leading"   c) Capacity Utilization   d) ‘Real' Wage

"International Trade"
a) "Trade Deficit"   b) NAFTA   c) "Capital Surplus"   d) WTO

"The Stock Market"
a) Earnings   b) "Bulls" & "Bears"   c) "S&P 500"   d) Interest Rates

"Fiscal Policy"
a) Bills, Notes, Bonds   b) "Budget Surplus"   c) $5 tril   d) Lawrence Summers

"Corporate Behavior"
a) Mergers   b) Dilbert   c) Price-Earnings Ratio   d) Social Responsibility

"The Global Economy"
a) "The Euro"   b) IMF   c) Asian Crisis   d) "The Dollar"

"Interest Rates"
a) "Prime Rate"   b) "Discount Rate"   c) "Real Rates"   d) "Federal Funds Rate"

"The Federal Reserve"
a) FOMC   b) Alan Greenspan   c) San Francisco   d) M2

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