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Labor, Wages, and Employment Chapter 9

Wage Rate ,[object Object],[object Object],[object Object],[object Object],[object Object]

Average Base Salaries ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Benefits ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Minimum Wage ,[object Object],[object Object],[object Object]

Two types of wages ,[object Object],[object Object],[object Object]

Consumer Price Index (CPI) ,[object Object]

Labor ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Chapter 10 – Money, Banking, and the Federal Reserve ,[object Object]

Three Functions of Money ,[object Object],[object Object],[object Object]

Medium of Exchange ,[object Object],[object Object],[object Object]

Unit of Account ,[object Object],[object Object]

Store of Value ,[object Object],[object Object]

Money and Banking ,[object Object],[object Object],[object Object],[object Object],[object Object]

The Federal Reserve System – THE FED ,[object Object],[object Object],[object Object],[object Object],[object Object]

Six responsibilities of the Fed ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Bank Reserves ,[object Object],[object Object],[object Object]

Fed Monetary Tools ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Chapter 11 – National Income ,[object Object],[object Object],[object Object]

How is GDP measured? ,[object Object]

Households ,[object Object],[object Object]

Businesses ,[object Object],[object Object]

Government ,[object Object],[object Object]

Foreign ,[object Object],[object Object],[object Object]

GDP Formula ,[object Object],[object Object]

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