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1.What might happen if the government did not attempt to control inflation?  Inflation can be both a good thing and a bad thing.  Explain.  (Bloom’s: synthesis, evaluation)

2.The text discusses unemployment rate as a measure of economic performance. Another way to gauge economic performance is to count the number of people employed in the economy. Is it possible for the unemployment rate to rise and the number of people employed to rise at the same time?  Is either measurement better than the other? (Bloom’s: analysis, synthesis, evaluation)

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