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Process of Science: In the discovery of quasars,the radio source 3C273 was found to have strong emission lines at wavelengths that did not correspond to any known element on Earth.Suppose a scientist postulated that they had discovered a new element that only existed in these powerful radio sources.How would you test this?
Hyperinflation
An extremely high and typically accelerating rate of inflation, leading to a rapid erosion of the real value of local currency and causing economic instability.
Money Supply
The money supply is the total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.
Business Cycle
Periodic fluctuations in economic activity, such as growth and recession.
Recovery
A period of economic improvement following a recession or downturn.
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