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Hello Tutor, can you please help me with these questions? Thank you 1. Most economists believe that the source of European high unemployment in the
Hello Tutor, can you please help me with these questions? Thank you
1. Most economists believe that the source of European high unemployment in the past two decades is
A. labor market institutions
B. tight monetary policy
C. tight fiscal policy.
D. financial crisis
2. Use the following information to answer this question. If nominal GDP rises from $100 trillion to $120 trillion, while the GDP deflator rises from 2.0 to 2.2, the percentage change in real GDP is approximately equal to
A. -10%
B. 10%
C. 20%
D. 9.1%
E. 0%
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