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  Suppose that interest rates increase from 3% to 5%. In the…

  Suppose that interest rates increase from 3% to 5%. In the short run, one can expect output in the United States to __________ and the price level to __________.  

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  Talene finishes her PhD program and applies for teaching j…

  Talene finishes her PhD program and applies for teaching jobs. After five months she gets an offer and accepts. While she was unemployed, her situation was an example of __________ unemployment.  

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  If consumer spending decreased due to a price level increa…

  If consumer spending decreased due to a price level increase, we could attribute it to  

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  Every __________ requires a __________.  

  Every __________ requires a __________.  

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  What is the consumer price index (CPI)?  

  What is the consumer price index (CPI)?  

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  Which of the following is true about the interest rate?  

  Which of the following is true about the interest rate?  

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  Why is the long-run aggregate supply (LRAS) vertical?  

  Why is the long-run aggregate supply (LRAS) vertical?  

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  Which is a correct version of the Fisher equation?  

  Which is a correct version of the Fisher equation?  

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  One argument against unemployment insurance is that it  

  One argument against unemployment insurance is that it  

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  The agency that measures the consumer price index (CPI) in…

  The agency that measures the consumer price index (CPI) in the United States is the  

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