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What is measured by the consumer price index (CPI)?
Floods
Natural disasters characterized by an overflow of water onto land that is normally dry, often causing widespread damage.
Farm Output
The total quantity of agricultural products produced by a farm over a specific period.
Federal Minimum Wage
The lowest legal wage that can be paid to workers in the United States, set by federal law.
Long-run Aggregate Supply
The total production of goods and services in an economy at full employment, assuming no changes in technology and resources.
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