When the prices of resources rise, the short-run aggregate s… When the prices of resources rise, the short-run aggregate supply curve shifts to the _____ Read Details
Creative destruction results in ____ unemployment. Creative destruction results in ____ unemployment. Read Details
When the prices of resources fall, the short-run aggregate s… When the prices of resources fall, the short-run aggregate supply curve shifts to the _____ Read Details
If foreign governments restrict the entry of domestic goods,… If foreign governments restrict the entry of domestic goods, this causes domestic exports to ____, and net exports may _______ in the domestic economy. Read Details
The four phases of a business cycle, in order, are The four phases of a business cycle, in order, are Read Details
Investment is __________________ related to the interest rat… Investment is __________________ related to the interest rate. Read Details
Changes in the components (C, I, G, and X) of aggregate expe… Changes in the components (C, I, G, and X) of aggregate expenditures caused by non-price effects will cause______ Read Details
The four phases of a business cycle, in order, are The four phases of a business cycle, in order, are Read Details
The sum of the market value of all final goods and services… 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 _______ Read Details