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In the short-run, an increase in the price of raw materials will ________ the price level and ________ real GDP.
Depression
A common and serious mental health condition marked by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.
Risk-Taking
The act of engaging in behaviors that have the potential to result in significant loss or gain, usually in pursuit of a perceived benefit.
17-Year-Old Boy
A male human who is seventeen years of age, typically considered to be in the late stages of adolescence.
Erik Erikson
A psychoanalyst and developmental psychologist famous for his theory regarding the psychosocial development of individuals.
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