If households expect a recession and worry about job loss, consumption tends to _____, and aggregate expenditures ______

A change in interest rates that causes investment and therefore aggregate expenditures to change as the level of price changes is called ____

Which of the following is not one of the four components of the aggregate expenditures of an economy?

If the government sells U.S. Treasury bonds to finance its budget deficit, one would expect

Which of the following is true about the economy in the long run?

When we consider an upward-sloping aggregate supply curve and a downward-sloping aggregate demand curve, a decrease in aggregate expenditures is reflected as a

Fiscal policy refers to

A reduction in resource prices tends to be associated with a

Household expenditures increase as a result of

Dave, a coal miner who has been out of work since his coal mine closed last year, becomes discouraged and gives up looking for work. What happens to the unemployment rate in this scenario?