Real Sector 2

Structural stagnation differs from a normal cycle by its:

Suppose nominal GDP is $100 and GDP deflator is 200, then real GDP is equal to:

A business cycle peak is followed by a:

Expectations based on past inflation are called:

Inflation that economists’ models predict is:

An increase in government spending shifts AD:

If GDP at year 1 is 1000 and GDP at year 2 is 1500, how much is the economic growth in year 2:

Which index is used to calculate inflation?

Frictional unemployment arises when workers:

If wages and productivity grow at the same rate, inflationary pressure is:

A recession is defined as a decline in real GDP for at least:

Long-run economic growth is driven by:

Nominal GDP is valued at:

Per capita output equals total output divided by:

Unemployment due to skill mismatch is called:

Supposer CPI in 2010 is 100 and CPI 2 is 150, how much is inflation rate:

Which one is not included as a phase of business cycle:

The most important measure of the real sector is:

Real GDP is adjusted for:

What measures the continuous rise in the general price level?