Level of real GDP

1. If the price level and the level of real GDP both increase, would it be more likely that the aggregate supply curve or the aggregate demand curve shifted? Would this shift represent an increase or a decrease (Note the increase in PRICE LEVEL, not an outside force)?...

Identifying customers

          The executive management team of a medium-sized business wants to be more customer focused in the marketplace. Because you oversee the CRM (customer Relationship Management), you have been assigned to support the newly created social...

Demand function

          Demand function specifies other factors that management will often consider, including the design and packaging of products, the amount and distribution of the firm’s advertising budget, the size of the sales force, promotional...