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Briefly describe how "the unexpected" makes short-term scheduling at Delta Airlines a challenge.Also describe how Delta meets that challenge,and achieves competitive advantage through short-term scheduling.
Real GDP
The market value of all final goods and services produced within a country in a given period, adjusted for inflation.
Recessions
Phases of momentary economic slump that lead to a reduction in trading and industrial activities, frequently identified by declining GDP in two successive quarters.
Aggregate Demand
The total demand for all goods and services in an economy at a given general price level and in a given time period.
Aggregate Supply
The aggregate output of goods and services that companies in a national economy aim to market within a given timeframe.
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