If households expect a recession and worry about job loss, consumption tends to _____, and aggregate expenditures ______
____ unemployment is short term; ____ unemployment can be lo…
____ unemployment is short term; ____ unemployment can be long term.
As the interest rate falls, investment is stimulated as the…
As the interest rate falls, investment is stimulated as the cost of financing the investment is ______
In the official labor statistics, discouraged workers are
In the official labor statistics, discouraged workers are
To avoid confusing ____ fluctuations in unemployment with ot…
To avoid confusing ____ fluctuations in unemployment with other sources of unemployment, unemployment data are adjusted ____.
Which of the following constitutes a transfer payment?
Which of the following constitutes a transfer payment?
Which of the following does not qualify as an automatic stab…
Which of the following does not qualify as an automatic stabilizer?
New production technology ________ investment spending as fi…
New production technology ________ investment spending as firms are forced to adopt new production methods to stay competitive.
Dave, a coal miner who has been out of work since his coal m…
Dave, a coal miner who has been out of work since his coal mine closed last year, becomes discouraged and gives up looking for work. What happens to the unemployment rate in this scenario?
____ unemployment is/are always present in a dynamic economy…
____ unemployment is/are always present in a dynamic economy.