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If an Economy Is in a Recession, with Output Below

question 57

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If an economy is in a recession, with output below its full-employment level, a(n) _____ return the economy to its long-run equilibrium, which would cause the price level to_____


Definitions:

Leslie Groves

A U.S. Army Corps of Engineers officer and the director of the Manhattan Project, the project during World War II that developed the first nuclear weapons.

Atom Bomb

A powerful weapon of mass destruction that releases energy through nuclear reactions, causing widespread destruction.

Hiroshima, Japan

A city in Japan that was the target of the first atomic bomb used in warfare, dropped by the United States on August 6, 1945.

Environmental Movement

A diverse scientific, social, and political movement for addressing environmental issues and advocating for the protection of the environment through changes in public policy and individual behavior.

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