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Click two or more of the word chunk buttons on the left to form words that match the clues listed below.
WordClue
8 letters the changes in foreign sector spending as the PL changes; PL down, PP$ up Qty up (buy more) US goods & PL up, PP$ down Qty down (buy less) US goods; house to house _____
6 letters the change in the purchasing power of dollar-denominated _____ that results fr a change in the price level; basically when your money means more, you buy more; house to house movement
9 letters the changes in household & business spending that is _____ to changes in the interest rate; inverse relationship, house to house movement
7 letters difference _____ SR & LR
8 letters a vert line at the level of natural real GDP; represents the output the economy produces when wages & prices have adjusted to their equilibrium levels when wkrs do not have any _____ misperceptions; the economy's potential
9 letters where you would use the interest rate effect - PL down, PP$ up = more _____ <aggregate qty demanded increased>, int rate down & PL up, PP$ down = less borrowers <aggregate qty demanded decreased>, int rate up; s = savers, D = borrowers, int rate y-ax
8 letters the qty of all goods & _____ (Real GDP) at different price levels, ceteris paribus; represents spenders
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Created by: katt61
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