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Which of the following is not a benefit associated with the procedural language COBOL?
Short-run Phillips Curve
A curve illustrating the inverse relationship between the rate of inflation and the rate of unemployment, showing that lower unemployment in the near term can be associated with higher inflation.
U.S. Economic Data
Statistical information about the United States economy covering various aspects such as employment, GDP, inflation, and more, used for analysis and policy-making.
Passive Macroeconomic Policy
A strategy where the government does not intervene or adjusts its policy measures in response to economic fluctuations.
Expansionary Gap
The situation that occurs when an economy's output exceeds its potential output, indicating overheating.
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