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(2 points) Please read the WSJ news alert from April 28, 2021. NEWS ALERT U.S. Economy Grew at 6.4% Annual Rate in First Quarter The
(2 points) Please read the WSJ news alert from April 28, 2021. NEWS ALERT U.S. Economy Grew at 6.4% Annual Rate in First Quarter The U.S. economy expanded rapidly in the first quarter, extending what economists project will be a robust, consumer-led recovery from the pandemic this year. This must be a rate because otherwise it would not account for and it would be misleading. O nominal; the level of interest rates O real; inflation O real; the level of interest rates nominal; inflation
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