The sum of consumption spending, investment, government spending, and net exports is defined as aggregate

When prices go up, the purchasing power of financial assets ____, which cause households to spend _____.

Discretionary fiscal policy is defined as the

The underground economy

To avoid confusing ____ fluctuations in unemployment with other sources of unemployment, unemployment data are adjusted ____.

___________ equal exports minus mports

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

Francesca just lost her $95,000 job as a mechanical engineer. Immediately, she takes a part-time job at Whataburger until she can find another job in her field. What happens to the unemployment rate in this scenario?

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 ____