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In this unit, we learned to analyze how GDP, unemployment, and inflation measures are used to inspect the health of economies, examine different economic models

In this unit, we learned to analyze how GDP, unemployment, and inflation measures are used to inspect the health of economies, examine different economic models and strategies for promoting long-term economic growth, appraise differing viewpoints on the federal budget deficits and national debt, and evaluate business effectiveness in the global environment in a research report. Let's extend the discussion by examining the practical implications of these concepts. Please explain why various prices in the economy are "sticky."

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