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The introduction of a new technology that increases the productivity of labor will

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To obtain a given real rate of return, lenders must charge a ______ nominal interest rate in the face of decreasing inflation.

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The CPI in year one equaled 1.55. The CPI in year two equaled 1.64. The rate of inflation between years one and two was _____ percent.

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Economic growth may face environmental limits because

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Holding other factors constant, if oil prices rise relative to the prices of other products, then the real wages of oil workers will ______ and employment of oil workers will _____.

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The real rate of return on holding cash is equal to

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As the real wage decreases, the quantity of labor demanded ______ and the quantity of labor supplied _______.

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If total output increases from €100 billion to €200 billion as population increases from 100 million to 150 million, then output per person:

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If tax revenues equal 20 percent of total output and government expenditures equal 25 percent of total output, then there is a

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Morrissey's Barber Shop cut 3,000 heads of hair in the year 2019 and 3,100 in the year 2020. The price of a haircut was €7 in 2019 and €8 in 2020. If the year 2019 is the base year, what was Morrissey's contribution to real GDP in the year 2019?

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