GDP
This GDP is adjusted for price level
Real GDP
In the base year, CPI takes this value.
100
Any of the three groups of economic actors that supply and/or demand loanable funds
A person who is working is called this by the BLS
Employed
This function of money makes pricing possible
This measure of "quality of life" is positively correlated to GDP
Standard of Living
The percent change in CPI gives this
Loan, stock, or bond
If one wants to know the proportion of people participating in the labor market, that one should use this.
Labor Force Participation Rate
Fiat
This is the period to which prices are determined
Base year (Base period)
A collection of what a typical consumer purchases
This is the initial effect associated with people saving more money.
Supply increase
Ginny retired from her position at the college which made the unemployment rate do this
Increase
For an object to be money, it must meet these characteristics three
Durable, Divisible, Transportable
This is two consecutive quarters of negative GDP growth (or declining GDP)
Recession
No, I didn't say price level was dropping...I said that the increase in price level was dropping
Lender tighten up lending standards...this means you know where the interest rate is heading...
Increase
Harvey graduates and enters the workforce. He is known as this type of unemployment
Frictional
This state has two FED banks in its borders
Missouri
In the US, this component is the largest
Consumption
The change in price doesn't necessarily equal the change in value is known as
Quality change bias
Unknown
This is the type of unemployment that measures swings in RGDP
Cyclical
Raise IORB rate