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If the Economy Is at Potential Output and the Fed

question 136

Multiple Choice

If the economy is at potential output and the Fed increases the money supply, in the LONG run the price level will likely:


Definitions:

ADHD

Attention Deficit Hyperactivity Disorder, a neurological disorder characterized by problems with focus, hyperactivity, and impulsiveness.

7th Graders

Students who are typically between the ages of 12 and 13, studying in the seventh grade of school in many educational systems.

Environmental Correlates

Factors within the environment that are associated with the occurrence of specific behaviors or conditions.

Change Blindness

A perceptual phenomenon that occurs when a change in a visual stimulus is introduced and the observer does not notice it.

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