Which of the following would be considered discouraged?

Lower taxes will _____ disposable income of households and _____ consumption.

Which of the following is not one of the four most common forms of unemployment defined by economists?

As firms approach full capacity, ________ investment spending is required to expand output further.

The foreign exchange market

Which of the following people is structurally unemployed?

A major benefit of automatic stabilizers is that they

Taxes affect aggregate demand

As the cost of capital goods falls, the amount of investment

The sum of the market value of all final goods and services (total output) produced within a nation in a year can be used to measure GDP as _______