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What Could Create an Increase in the Price Level and a Decrease

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What could create an increase in the price level and a decrease in real GDP in the short run?


Definitions:

Oropharyngeal Membrane

The oropharyngeal membrane is an embryonic structure that contributes to the formation of the mouth and pharynx in a developing embryo.

Cloacal Membrane

In early embryonic development, the membrane that temporarily closes the ventral body wall at the location of the future anus and urogenital openings.

Digestive Tract

Mouth, oropharynx, esophagus, stomach, small intestine, and large intestine.

Apical Ectodermal Ridges

Thickened regions of ectoderm important for the induction and growth of the limbs in developing embryos.

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