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Suppose that you have the following information about the economy,where all figures are in millions of dollars:
Full employment output = $2,000
Consumption = $1,200
Investment = $400
Government spending = $500
Net exports = -$200
Because short-run output is ________ full employment output,in the long run we would expect the price level to ________.
High-context Cultures
Cultures where communication is often indirect and relies heavily on context, non-verbal cues, and the relationships between speakers.
Explicitly
Stated clearly and in detail, leaving no room for confusion or doubt.
Essential Information
Information that is fundamental or critical to understanding a topic or making informed decisions.
Communication
The process of exchanging information, ideas, thoughts, and feelings between people through speaking, writing, or non-verbal methods.
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