Foundations of Economics, 8th Edition

• Rate of return regulation, 428

• Rational choice, 9–10, 11

• Rational expectation, 815

• Rational ignorance, 277

• Rawls, John, 529

• Reagan, Ronald, 52, 842–843

• Real business cycle, 765

• Real economy, 722

• Real flows, 48–49

• Real GDP, 548

  • aggregate demand and, 756–757

  • aggregate planned expenditures and, 782–783, 785, 788, 792

  • aggregate supply and, 750–751, 762

  • calculating, 548–549, 564

  • chained-dollar, 563, 565

  • consumption expenditure and increases in, 792, 833

  • CPI and, 603–604

  • in demand for money, 725

  • economic tracking of, 554

  • goods and services value of, 548, 617

  • imports and, 780

  • measuring, 563–565

  • nominal GDP and, 548

  • potential GDP and, 768, 864–865

  • production function and, 618–619

  • unemployment and, 581–583, 803

• Real GDP per person, 551, 639

  • global ...