Elucidate the impact of inflation-unemployment

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Reference no: EM1334505

General Motors - Economic Indicators

1. Current ratio
2. Quick ratio (acid test)

Define each

? Describe current status

? Do a graph illustrating a historic trend (5 years)

? Analyze the relationship among inflation, unemployment and the business cycle.

? Evaluate the impact of inflation, unemployment and the business cycle

? Explain if the conditions are consistent with the Keynesian or classical economic theory.

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