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Econ Exam 1 &amp; 2

unemployment rate for younger workers is usually ______ than the rate for older workers

the largest component of planned aggregate expenditure is _____

A U.S company producing goods in India would ______

Nominal GDP ______ when the price of g&amp;s ______

Full employment occurs when there is no ______

Countries with small amounts of capital per worker tend to have ______ levels of real GDP per
person and ___ levels of average labor productivity.

Not enforcing property rights in an economy will

Net exports is negative if the value of imports _____ the value of exports

Government transfer payments include _____ &amp; ______

If the economy is slipping into a recession, ________ would be an appropriate fiscal policy

Econ Exam 1 & 2

Study with Quizlet and memorize flashcards containing terms like unemployment rate for younger workers is usually ______ than the rate for older workers, the largest component of planned aggregate expenditure is _____, A U.S company producing goods in India would ______ and more.