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Explain How the Wealth, Export, and Interest Rate Effects Cause

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Essay

Explain how the wealth, export, and interest rate effects cause a negative relationship between the price level and GDP.


Definitions:

Flagellum

A whip-like structure present in some cells that is used for locomotion or sensory functions.

Amanita

A genus of mushrooms, which includes both highly toxic species, such as the death cap, and edible species.

Saccharomyces

Saccharomyces is a genus of yeasts, most notably including Saccharomyces cerevisiae, widely used in baking, brewing, and wine making.

Ascomycete

A member of the Ascomycota phylum, fungi characterized by their production of spores in sac-like structures called asci.

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