Which of the following is NOT a primary use of GDP?

  Item Total spending diabetes medication $80  running shoes $100  refrigerator  $600  doctor visit $25  flat screen television  $1,000 textbook $150 plumber call $200   gutter cleaning  $230 pick-up truck $30,000 Based on the information in the table, calculate the total spending on DURABLE goods.

When the State of Alabama resurfaces Highway 431, this counts as an increase in the _________________ component of GDP.

The government purchases category of GDP includes spending by:

Short-run fluctuations (increases and decreases) in economic activity is called _______________:

GDP is best defined as the total market value of all:

The phase of the business cycle where the economy is growing faster than usual is called:

Which of the following scenarios are macroeconomic in nature? Select all that apply.

Data on the natural rate of unemployment and actual employment are provided in the table below. Natural rate of unemployment Actual unemployment 5% 9%     Based on these numbers, the amount of cyclical unemployment in the economy is

Which controlled drug class has the highest potential for abuse?