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 _______
C + I + G + X equals
C + I + G + X equals
Francesca just lost her $95,000 job as a mechanical engineer…
Francesca just lost her $95,000 job as a mechanical engineer. Immediately, she takes a part-time job at Whataburger until she can find another job in her field. What happens to the unemployment rate in this scenario?
Aggregate supply could increase due to all of the following…
Aggregate supply could increase due to all of the following except:
Appreciation of the U.S. dollar means that the
Appreciation of the U.S. dollar means that the
Investment spending increases with
Investment spending increases with
If households expect a recession and worry about job loss, c…
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