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Suppose that the economy is in a long-run equilibrium.
a) Draw a diagram to illustrate the state of the economy. Be sure to show aggregate demand, short-run aggregate supply, and long-run aggregate supply
b) Now suppose that a stock-market crash causes aggregate demand to fall. Use your diagram to show what happens to output and the price level in the short run. What happens to the unemployment rate?
c) Use the sticky-wage theory of aggregate supply to explain what will happen to output and the price level in the long run.
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What do you think that the hazards would in the event of an organization not striving to stay at the forefront of these new emerging technologies?
estimates of ending inventory of work in process. As the accounting manager, write a memo to Mr. Talbott, explaining explain why the ending inventory figure should be extremely accurate, with as little slack as possible.
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Give an example of creativity in business that does not relate to the development or marketing of a product or service?
recruitment plans in the auto industryexamining ford motor companys recruitment planning processes answer the following
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