The natural rate of unemployment is the unemployment rate that would exist in the absence of
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An increase in household weath will _________ consumption
An increase in household weath will _________ consumption
As firms approach full capacity, ________ investment spendin…
As firms approach full capacity, ________ investment spending is required to expand output further.
When prices fall, people need less money to purchase the sam…
When prices fall, people need less money to purchase the same quantity of goods, so they use their money holdings to buy bonds and other financial assets. The increased demand for bonds ______ bond prices and causes interest rates to _______.
Other things equal, an increase in government spending
Other things equal, an increase in government spending
The four phases of a business cycle, in order, are
The four phases of a business cycle, in order, are
Other things being equal, an appreciation of the domestic cu…
Other things being equal, an appreciation of the domestic currency on the foreign exchange market will make domestic goods ______ to foreign buyers and make foreign goods _________ to domestic residents, so net exports will fall.
Which of the following will not decrease investment?
Which of the following will not decrease investment?
Which of the following would not be considered in the underg…
Which of the following would not be considered in the underground economy?
Which of the following is not one of the factors that direct…
Which of the following is not one of the factors that directly affect how much households spend?