(BQ) Part 2 book "Fundamentals of economics" hass contents: Macroeconomic measures, fiscal policy, money and banking, monetary policy, issues in international trade and finance, globalization, an overview of the national and international economies,.and other contents. | iQoncept/ PART 3 The National and Global Economies Copyright 2013 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it. CHAPTER 9 An Overview of the National and International Economies CHAPTER 12 Macroeconomic Equilibrium: Aggregate Demand and Supply 9-1 What is a household, and what is household income and spending? 12-1 What is aggregate demand? 9-2 What is a business firm, and what is business spending? 9-3 How does the international sector affect the economy? 9-4 What does government do? 9-5 How do the three private sectors— households, businesses, and the international sector—interact in the economy? 12-5 Why is the long-run aggregate supply curve vertical? How does the government interact with the other sectors of the economy? 12-7 What determines the equilibrium price level and real GDP? 9-6 12-2 What causes the aggregate demand curve to shift? 12-3 What is aggregate supply? 12-4 Why does the short-run aggregate supply curve become steeper as real GDP increases? 12-6 What causes the aggregate supply curve to shift? CHAPTER 10 Macroeconomic Measures CHAPTER 13 Fiscal Policy 10-1 How is the total output of an economy measured? 13-1 How can fiscal policy eliminate a GDP gap? 10-2 What is the difference between nominal and real GDP? 10-3 What is the purpose of a price index? 10-4 How is money traded internationally? 10-5 How do nations record their transactions with the rest of the world? CHAPTER 11 Unemployment, Inflation, and Business Cycles 11-1 What is a business cycle? 11-2 How is the unemployment rate defined and measured? 11-3