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Unformatted text preview: 4. Inflation is considered to be bad but if prices rise, doesnt someone receive higher income and collecting the higher prices from the buyers? Why is inflation considered bad? 5. Describe how unemployment can be a good thing. Is there such a thing as god unemployment? Do we expect 100 percent of the labor force to be working when the nation is producing the full employment level of output?...
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- Spring '06