The consumption function implies that

What macroeconomic indicator looks at those unemployed as a proportion of the total labor force?

Which of the following is accurate about discouraged workers as we’ve described them in our class?

The change in total spending associated with an increase in someone’s income is shown with the…

From the following, choose which would decrease the price level within the macro economy, ceteris paribus.

Inflation ________ the purchasing power of money.

Keynes argued the government can do what to address inflation in an overheating economy?

U.S. exports depend mostly on what?

Consumption within an economy at different price levels is illustrated using the aggregate demand curve. If consumers gain additional confidence and generally positive outlooks for future macro economic performance, we would see what happen with the aggregate demand model?

Economists observe how real GDP changes over time when analyzing which of the following?