Say it is getting more expensive to produce goods in an economy so producers increase their prices to keep up with those costs.   Select from the following what best describes what will immediately result from this, ceteris paribus.

Keynes argued that, contrary to Classical theories,

A positive outlook about next year’s profits can cause more investment spending.

Two of the four types of unemployment are present when an economy is operating at its “natural rate of unemployment”. Select them from the following list.

Rising wealth does what to our aggregate demand and supply model?

Structural unemployment is outlined in our book as which of the following?

Who are the “winners” and who are the “losers” of unexpected deflation?

Our book outlines the Consumer Price Index with which of the following?

Our understanding of GDP and the aggregate demand curve tells us that this happens with the aggregate demand curve when the investment demand curve shifts to the left.

In the graph above, equilibrium is found at which price?