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63) Deflation is a problem because it requires more purchasing power to pay off debt. False True 64) If worker productivity increases enough to offset

63) Deflation is a problem because it requires more purchasing power to pay off debt.

False

True

64) If worker productivity increases enough to offset any wage increase, then product prices can remain stable.

True

False

68) Subprime mortgages are home loans to high-quality borrowers at rates 0.25% below the prime rate.

False

True

72) Increases in productivity contributed to the jobless recovery after the 2007-2009 recession.

False

True

74) A consequence of trying to keep unemployment below its natural level is ever-accelerating inflation.

False

True

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