A Tight Hot Labor Market: Summers

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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the relationship between labor market tightness and inflation as discussed in the text?
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2.
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3 mins • 1 pt
How does the speaker view the analysis presented by Ben Bernanke and Olivier Blanchard regarding inflation?
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3.
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What does the speaker imply about the mainstream analysis of inflation in relation to demand and slack in the economy?
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