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21. One problem with price bubbles in asset markets is that when they break, a likely outcome is: Frictional unemployment Recession Inflation Tariffs and quotas

21. One problem with price bubbles in asset markets is that when they break, a likely outcome is:

Frictional unemployment

Recession

Inflation

Tariffs and quotas

22. With the federal deficit expanding much faster than GDP, if the Fed does not continue quantitative easing, it would increase the likelihood of:

Greater income inequality

Lower taxes

More borrowing by businesses

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