The wealth effect and the interest rate effect are changes in the price level that

A change in aggregate expenditures resulting from a change in the domestic price level that changes the price of domestic goods in relation to foreign goods is called ___

Business spending is called

Anticipated lower prices cause aggregate supply to _______

If current income rises, consumption will ____.

A ____ in the value of a currency is called an appreciation of the currency; a ____ in the value of a currency is called a depreciation of the currency.

As more excess capacity (i.e., unused capital goods) is available, more firms can expand production without purchasing new capital goods, and investment is ________.

Identify the type of unemployment in this scenario: Workers in a high-end restaurant are laid off when the establishment experiences a decline in demand during a recession

The Bureau of Labor Statistics defines a person as unemployed if he or she does not

As the interest rate falls, investment is stimulated as the cost of financing the investment is ______