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San Diego State University Operations And Supply Chain Management Assignment Help - Interest

Question - Question 2 An unanticipated demand-pulled inflation would normally lead to all the following problems EXCEPT: A change in real wages that will create distortion in the labor market Adjustment to the production process by firms to try to minimize cost Too much lending and borrowing (above the optimal level) Rising menu costs Rising unemployment Question 3 If in 1998 the Nominal GDP was $8.32 trillion and the GDP deflator was 1.30 and in 1999 the Nominal GDP was $9.52 trillion and the GDP deflator was 1.40, what was the percent change in Real GDP between 1998 and 1999? 6.25% 7.70% 12.50% 14.42% 18.32% Question 4 If real GDP is well above potential GDP in the short-run what will happen in the long run if the gover ...Read More

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