Economic variables Memorandum To: Professor Kuhn From: Eddie Jackson Date: January 27, 2000 Re: Importance of Macro sparing Variables There are three primary(prenominal) variables that are in truth important to our corporation’s economic performance. These variables are the “real” Gross Domestic Product, the unemployment rate, and the Consumer Price Index. It is very important for our company to have knowledge and a costly understanding of these concepts in order to be more profitable.
familiarity of the Gross Domestic Product is essential in tantrum our prices. The GDP is the trump out indicator to show us how feasible the market is for our product. A low GDP would indicate that prices crosswise the board are low. This would be a signal for our company to keep are prices the same, or even possibly swallow them. A high GDP would signal that the economy was justifiedly for an increase in our prices, depending upon what are competition is doing. The GDP is the best indic...If you want to get a full essay, order it on our website: Ordercustompaper.com
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