(Answered) In 1981 we hadnbspreal gdpnbspof 66177 and in 1982 we

Management Studies

In 1981, we had real GDP of 6,617.7, and in 1982 we had real GDP of 6,491.3. Further, in 1981, the aggregate price level (as measured by the GDP deflator) was 48.52, and in 1982, the aggregate price level was 51.53. According to our aggregate supply (S)/demand(D) analysis, which of the following must have occurred over 1982 (relative to 1981)?

A) decrease in Agg S

B) decrease in Agg D

C) increase in Agg S

D) no shifts could have occurred.

E) increase in Agg D

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92689979
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Your companys it department experiences a great deal of

Your company's IT department experiences a great deal of conflict in connection with its projects. There is a constant tension between finding new resources for important new projects and maintaining support resources to ...

In linux what synchronization methods they use within the

In Linux what synchronization methods they use within the kernel, please dig into your findings for Linux.

The purpose of this assignment is to gain awareness of how

The purpose of this assignment is to gain awareness of how you spend your time, how your time could be better used, and to reflect on how well your time aligns with what is most important to you (value) at this point in ...

Your student association at the college has decided to open

Your student association at the College has decided to open a comedy club on campus. The association has secured a loan of $100,000 to finance the planning and initial operation of the club, but its members have little e ...

Do you need computers or information and communication

Do you need computers or information and communication technologies to store, organize, and manage data in organizations? Explain how the present day organizations in a developed country like the USA store and manage the ...

Make a function first-char that consumes a nonempty string

Make a function first-char that consumes a nonempty string and produces a string consisting of the first character in the original string. Do not use string-ref.

Assume you are going to look for a current job of interest

Assume you are going to look for a current job of interest to you. Utilize general job websites such as Monster, Taleo, Job, Yahoo!, and indeed to learn about job possibilities for yourself

What are the differences between the federal aviation

What are the differences between the Federal Aviation Administration and the Civil Aviation Authority.

What other factors impacted the sales other than the

What other factors impacted the sales other than the demographics?

How can a organisation move forward in the community to be

How can a organisation move forward in the community to be a leader in diversity. Discuss: How you'll develop work plans to incorporate diverse workforce members into the plan. Why you would make changes to work plans to ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert