PowerPoint PresentationSlide 2Slide 3Slide 4Slide 5Slide 6Slide 7Slide 8Slide 9Slide 10Slide 11Slide 12Slide 13Slide 14Slide 15Slide 16Slide 17Slide 18Slide 19Slide 20Slide 21Slide 22Slide 23Slide 24Slide 25Slide 26Slide 27Slide 28Slide 29Slide 30Slide 31Slide 32Slide 33Slide 34Slide 35Slide 36Slide 37Slide 38Slide 39Slide 40Slide 41Slide 42Slide 43Slide 44Slide 45Slide 46Slide 47Slide 48Slide 49Slide 50Slide 51Slide 52Slide 53Slide 54Slide 55Slide 56Slide 57Slide 58Slide 59Slide 60Slide 61Slide 62Slide 63Slide 64Slide 65Slide 66Slide 67Slide 68Slide 69Slide 70Slide 71Slide 72Slide 73Slide 74Slide 75Slide 76Slide 77Slide 78Slide 79Slide 80Slide 81Slide 8201/13/19 10:40 PMxxxxxxx-ppt 1THE PARTHENON GROUPTHE PARTHENON GROUP200 STATE STREETBOSTON, MA 0210901/13/19 10:40 PMxxxxxxx-ppt 2ACBD50:50LET’S PLAY01/13/19 10:40 PMxxxxxxx-ppt 3ACBD50:50PRESIDENT CLINTON AS A SAFE DATING SERVICEPRESIDENT EISENHOWER TO REBUILD EUROPE AFTER WW IIAARPTHE NEW DEALSOCIAL SECURITY WAS PROPOSED BY:01/13/19 10:40 PMxxxxxxx-ppt 4ACBD50:50PRESIDENT CLINTON AS A SAFE DATING SERVICEPRESIDENT EISENHOWER TO REBUILD EUROPE AFTER WW IIAARPTHE NEW DEALSOCIAL SECURITY WAS PROPOSED BY:01/13/19 10:40 PMxxxxxxx-ppt 5ACBD50:50Nickname for an employee named William at the U.S. TreasuryThe annual income tax bill sent to each taxpayerAn investment offered by the U.S. TreasuryA bill owed to the government printing office (GPO) by the TreasuryA TREASURY BILL IS:01/13/19 10:40 PMxxxxxxx-ppt 6ACBD50:50Nickname for an employee named William at the U.S. TreasuryThe annual income tax bill sent to each taxpayerAn investment offered by the U.S. TreasuryA bill owed to the government printing office (GPO) by the TreasuryA TREASURY BILL IS:01/13/19 10:40 PMxxxxxxx-ppt 7ACBD50:50One of the major religions of the worldA graphical presentation of economics conceptsA European rock groupThe ticker symbol for an over-the-counter stockISLM IS:01/13/19 10:40 PMxxxxxxx-ppt 8ACBD50:50One of the major religions of the worldA graphical presentation of economics conceptsA European rock groupThe ticker symbol for an over-the-counter stockISLM IS:01/13/19 10:40 PMxxxxxxx-ppt 9ACBD50:50A FANEUIL HALL BARCURVED PIPE UNDER EVERY SINKPERHAPS JAPAN’S PROBLEMA STOCK MARKET BUBBLEA LIQUIDITY TRAP IS:01/13/19 10:40 PMxxxxxxx-ppt 10ACBD50:50A FANEUIL HALL BARCURVED PIPE UNDER EVERY SINKPERHAPS JAPAN’S PROBLEMA STOCK MARKET BUBBLEA LIQUIDITY TRAP IS:01/13/19 10:40 PMxxxxxxx-ppt 11ACBD50:50TO THE RIGHT OF ANDREW JACKSONTO THE LEFT OF ALEXANDER HAMILTONIN THE BACK ROW IN DISGUISEIN AN AFGHAN CAVEWHERE WILL YOU FIND LAWRENCE H SUMMERS01/13/19 10:40 PMxxxxxxx-ppt 12ACBD50:50TO THE RIGHT OF ANDREW JACKSONTO THE LEFT OF ALEXANDER HAMILTONIN THE BACK ROW IN DISGUISEIN AN AFGHAN CAVEWHERE WILL YOU FIND LAWRENCE H SUMMERS01/13/19 10:40 PMxxxxxxx-ppt 13ACBD50:50Growth UnemploymentScrewdriversFlat-screen TVsTHE PHILLIPS CURVE EXPLAINS A RELATIONSHIP BETWEEN INFLATION AND:01/13/19 10:40 PMxxxxxxx-ppt 14ACBD50:50Growth UnemploymentScrewdriversFlat-screen TVsTHE PHILLIPS CURVE EXPLAINS A RELATIONSHIP BETWEEN INFLATION AND:01/13/19 10:40 PMxxxxxxx-ppt 15ACBD50:50Bear market Bull MarketChihuahua marketGood time to buy that Audi TTWHEN THE VALUE OF THE STOCK MARKET IS RISING, IT IS KNOWN AS A:01/13/19 10:40 PMxxxxxxx-ppt 16ACBD50:50Bear market Bull MarketChihuahua marketGood time to buy that Audi TTWHEN THE VALUE OF THE STOCK MARKET IS RISING, IT IS KNOWN AS A:01/13/19 10:40 PMxxxxxxx-ppt 17ACBD50:50Mr. Burns Chairman of the FedMr. Rogers friend, Mr. Green JeansLivin’ la vida locaALAN GREENSPAN IS REALLY:01/13/19 10:40 PMxxxxxxx-ppt 18ACBD50:50Mr. Burns Chairman of the FedMr. Rogers friend, Mr. Green JeansLivin’ la vida locaALAN GREENSPAN IS REALLY:01/13/19 10:40 PMxxxxxxx-ppt 19ACBD50:50A drop in consumer confidence An increase in income taxesA reduction in government spendingSticking a screwdriver in a light socketWHAT DOES NOT CAUSE A NEGATIVE AGGREGATE DEMAND SHOCK?01/13/19 10:40 PMxxxxxxx-ppt 20ACBD50:50A drop in consumer confidence An increase in income taxesA reduction in government spendingSticking a screwdriver in a light socketWHAT DOES NOT CAUSE A NEGATIVE AGGREGATE DEMAND SHOCK?01/13/19 10:40 PMxxxxxxx-ppt 21ACBD50:50“The Fuzz” “The Man”“Les Flics”“The Fed”THE U.S. CENTRAL BANK IS ALSO KNOWN AS:01/13/19 10:40 PMxxxxxxx-ppt 22ACBD50:50“The Fuzz” “The Man”“Les Flics”“The Fed”THE U.S. CENTRAL BANK IS ALSO KNOWN AS:01/13/19 10:40 PMxxxxxxx-ppt 23ACBD50:50Super Fudge Chunk ice cream Hot airViagraNominal wage increasesWHAT LEADS TO INFLATION?01/13/19 10:40 PMxxxxxxx-ppt 24ACBD50:50Super Fudge Chunk ice cream Hot airViagraNominal wage increasesWHAT LEADS TO INFLATION?01/13/19 10:40 PMxxxxxxx-ppt 25ACBD50:50The Queen should rule the Commonwealth foreverPrince Charles is really quite handsomePrinting money can solve all your economic problemsIn the long run, money is neutralMONETARISTS BELIEVE:01/13/19 10:40 PMxxxxxxx-ppt 26ACBD50:50The Queen should rule the Commonwealth foreverPrince Charles is really quite handsomePrinting money can solve all your economic problemsIn the long run, money is neutralMONETARISTS BELIEVE:01/13/19 10:40 PMxxxxxxx-ppt 27ACBD50:50McDonald’s manager catches you deep-frying Happy Meal toysYour parents throw you out of the basementYou do not have a job, and are actively looking for workYou are Vice-President, and U.S. Supreme Court denies recountYOU ARE CONSIDERED UNEMPLOYED WHEN?01/13/19 10:40 PMxxxxxxx-ppt 28ACBD50:50McDonald’s manager catches you deep-frying Happy Meal toysYour parents throw you out of the basementYou do not have a job, and are actively looking for workYou are Vice-President, and U.S. Supreme Court denies recountYOU ARE CONSIDERED UNEMPLOYED WHEN?01/13/19 10:40 PMxxxxxxx-ppt 29ACBD50:50A beautiful vista Shortness of breathA negative shift demandAn election lossA TAX HIKE LEADS TO:01/13/19 10:40 PMxxxxxxx-ppt 30ACBD50:50A beautiful vista Shortness of breathA negative shift demandAn election lossA TAX HIKE LEADS TO:01/13/19 10:40 PMxxxxxxx-ppt 31ACBD50:50Attention and personality Mork and MindyBudget and TradeHakeem Olajuwon and Ralph SampsonWHAT ARE THE “TWIN DEFICITS”?01/13/19 10:40 PMxxxxxxx-ppt 32ACBD50:50Attention and personality Mork and MindyBudget and TradeHakeem Olajuwon and Ralph SampsonWHAT ARE THE “TWIN DEFICITS”?01/13/19 10:40 PMxxxxxxx-ppt 33ACBD50:50When the Red Sox gave Babe Ruth up to the YankeesWhen the government spends more than it earns in tax
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