This is used to change variables from nominal to real

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1. ___does not count in GDP numbers until the final product is sold.

2. This is used to change variables from nominal to real:

3. This gov. policy is part of the collection of policies deemed "shock absorbers." This particular policy is used for those recently unemployed due to no fault of their own.

4. This component of GDP tends to be unstable and accounts for many of U.S. recessions. (Personal consumption expenditure?)

5. This is the largest, most stable component of GDP? ( Government consumption/investment?)

6. Macroeconomists who follow this school of thought believe that increasing demand is a good way to get out of a recession in some circumstances. (is it Keynesian economics?)

Reference no: EM13737877

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