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unit 5

Across
G= ____ purchases og g/s.
Wages and prices are not ____ downward.
Savings depends on ____.
TR= value of _____ ______.
A budget ____ is a negative budget balance
Real GDP can only ____ by about 3-5% a year
Higher levels of output and employment= ____ UE %
The velocity f money is basically ____.
At lower interest rates, bonds are ___ attractive.
Down
Investment depends on ____ _____ and interest rates.
T= the value of ___ revenues.
To correct inflation, ____ taxes and decrease government spending.
Output and employment rise toward full employment.
Inflation reduces UE only if inflation is ____ than expected.
To increase GDP, lower taxes and ____ government spending.
What 2 variables determine aggregate demand in the quantity theory model?
Demand creates its own ____.
With debt continuing to rise, what is to prevent the gov't from paying for some of its expenses not by raising taxes or borrowing but simply by printing more money?
A budget ____ is a positive budget balance.