Suppose that interest rates increase from 3% to 5%. In the short run, one can expect output in the United States to __________ and the price level to __________.  

  Talene finishes her PhD program and applies for teaching jobs. After five months she gets an offer and accepts. While she was unemployed, her situation was an example of __________ unemployment.  

  If consumer spending decreased due to a price level increase, we could attribute it to  

  Every __________ requires a __________.  

  What is the consumer price index (CPI)?  

  Which of the following is true about the interest rate?  

  Why is the long-run aggregate supply (LRAS) vertical?  

  Which is a correct version of the Fisher equation?  

  One argument against unemployment insurance is that it  

  The agency that measures the consumer price index (CPI) in the United States is the