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3 In each of the following scenarios, predict what will happen to (1) employment, (2) real wages, (3) output, (4) the interest rate, and (5)

3 In each of the following scenarios, predict what will happen to (1) employment, (2) real wages, (3) output, (4) the interest rate, and (5) the price level. List out each number in a clear format and...

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