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Which of the Following Will Most Likely Occur in the United

Question 107

Multiple Choice

Which of the following will most likely occur in the United States as the result of an unexpected rapid growth in real income in Japan and Europe?


A) a short-run increase in U.S.employment and output
B) a short-run decrease in U.S.employment and output
C) a short-run decline in prices in the United States
D) a reduction in the natural rate of unemployment in the United States

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