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Economics

Question Description

I need help with a question. All explanations and answers will be used to help me learn.

2-3 page paper How will (a) an unexpected 3 percent fall in the price level in the goods and services market differ from (b) 1 percent inflation when 4 percent inflation had been expected? What impact would (a) and (b) have on the real price of resources, profit margins, output, and employment. Explain


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ievordzor (181)
Carnegie Mellon University

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