Quiz Week 2.docx - 1 As the economy emerges from a business cycle trough the usual pattern is for productivity to increase because people already

Quiz Week 2.docx - 1 As the economy emerges from a business...

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1. As the economy emerges from a business cycle trough, the usual pattern is for productivity to increase because __________. 2. An aggregate demand (AD) curve—which can be linear or curved—slopes __________. 3. When the American economy experiences inflation, it is typical for the price of __________. 4. Many economists believe that the existence of unemployment compensation causes a(n) __________. 5. The sum of a country’s rent, wages, interest, profits, and proprietors’ income make up its __________.
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