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1) Headline: Unemployment is 12%, and there is no inflation! Secondary story: The government increases spending by $1 Billion. Price Levels GDP (Output) Circle one

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1) Headline: Unemployment is 12%, and there is no inflation! Secondary story: The government increases spending by $1 Billion. Price Levels GDP (Output) Circle one Unemployment increase/decrease GDP increase/decrease Inflation increase/decrease

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