When real gdp increases, the change in consumption expenditure equals _______.

When tax revenue ________ outlays is negative, then the government has a budget ________.

In a perfectly competitive market, sellers _________ and buyers _________.

In the united states today, nearly _________ of the population has attained a college degree.

Increasing opportunity cost is represented by a ________ production possibilities frontier.

The value of the consumer price index (cpi) is always equal to ______________ in the base year.

Which statement about natural resources is true?

Labor productivity is best defined as ______.

Which statement about productivity is true?

According to the rule of 70, an economy with an annual growth rate of 4 percent will double its output after ______ years.

Economists typically measure economic growth by looking at ______.