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Which of these structures is also referred to as modular structure?
Predict Recessions
The process of forecasting a period of economic decline across the economy, typically recognized by a decrease in GDP in two successive quarters.
GDP
Gross Domestic Product, a measure of a country's economic performance, representing the total value of all goods and services produced over a specific time period.
Exchange-Rate Effect
The impact on a country's trade balance when its currency appreciates or depreciates, affecting the price of imports and exports.
Price Level
The price level represents the average cost of goods and services across the economy at a specific point in time.
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