Match the terms with their corresponding descriptions.
Firms' costs associated with changing their
prices.
When workers respond not to the
purchasing power of their wage but to the
face value of their wage or salary.
An event that changes the existing
productivity and therefore changes the
extent to which economic growth occurs.
Given flexible prices and the existing factors
of production, a measure of how much the
economy grows.
Variations in the growth rate from the long-
run rate of economic growth.
Menu Cost
Transaction Cost
Real Shock
Natural Rate of Unemployment
Nominal Wage
Confusion
Business Fluctuations
Solow Growth Rate
Purchasing Power
Discrepancies
