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Suppose the U.S. economy is producing at the natural rate of output. A depreciation of the U.S. dollar will cause ________ in real GDP in the short run and ________ in inflation in the long run,everything else held constant. (Assume the depreciation causes no effects in the supply side of the economy. )
Likert-type
Scales commonly used in questionnaires that measure attitudes by asking respondents to rate their level of agreement or disagreement on a symmetric agree-disagree scale for a series of statements.
Informal Assessment
Evaluative processes or tools that are unstandardized and non-systematic, often used in educational or training contexts.
Assessment Instruments
Tools or methods used to evaluate, measure, or gauge a subject's knowledge, abilities, attitudes, or personality traits.
Informal Assessment
An unstructured method of evaluating skills or performance, often based on observation and less standardized procedures.
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