Inflation that occurs when total spending is greater than the economy's ability to produce output at the existing price level is:

When you are selecting a new location for a second office this decision would be considered

a. hard b. programmed c. nonprogrammed d. geocentric

In symbolic terms where Y equals real GDP, POP equals total population, and N equals the number of employed workers, Y/POP must equal:

A. N/Y × POP/N. B. Y/POP × N/POP C. N/Y × N/POP D. Y/N × N/POP.