The value of all finished goods and services for a country in a given year is called the
Question 2
2.
Nominal GDP growth can be misleading because it doesn't adjust for
Question 3
3.
A more accurate measure of GDP growth is _______________ GDP.
Question 4
4.
Jobs that are lost because the economy has slowed down represent which type of unemployment?
Question 5
5.
If self driving cars take over the taxi industry and all taxi and Uber and Lift drivers are out of work because consumers demand self driving taxis instead, this is called _____________________ unemployment.
Question 6
6.
A person who leaves a job, but takes 3 months to find a new job is considered ___________________ unemployed.
Question 7
7.
The measure of prices from one period to another is called the