Structural unemployment is due to a. technology change or foreign competition. Frictional unemployment is due to a. technology change or foreign competition. Cyclical unemployment is due to a. technology change or foreign competition. Gross domestic product is the value of a. final goods and services produced. Electronic toys produced in the United States 11.
Intermediate goods are a. goods and services produced for consumers.
A trend CPI growth rate of 1 percent implies that GDP will double in a. 70 years. Changes in which of the following will NOT cause the AS curve to shift a. the wage rate. All of the above will cause the AS curve to shift. Consumption expenditure is the total payment by households for consumption of a. goods but not services. Some economists say the AS curve may be horizontal a. at full-capacity output where output cannot rise further.