How will a unexpected 3 percent fall in price level in

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Write a 2-3 page paper using APA formatting responding to the following questions. 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.

Reference no: EM13452290

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How will a unexpected 3 percent fall in price level in

Reference no: EM13452290

Reference no: EM13452290

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