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Given the following scenario, determine the short-run effects on the economy: The implosion of crypto giant, FTX exhcange, and its fallout decrease household wealth. a.

Given the following scenario, determine the short-run effects on the economy: The implosion of crypto giant, FTX exhcange, and its fallout decrease household wealth. a. Output rises, price level rises. b. Output falls, price level rises. c. Output falls, price level falls. d. Output rises, price level falls

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