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Suppose the firm mark up over the cost is 10% and the wage setting equation is W=P (1-u) where U is the unemployment rate.
a) Find out the real wage rate implied by the price setting equation.
b) Determine the natural rate of unemployment.
c) Plot the wage- setting and price setting equation or a property labelled graph and identity the nature rate of unemployment.
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With a background from the previous section we now study some of the critical characteristics of policy process. You have already studied earlier various technical theories relatin
does privatization decentralise economic power? discuss
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privatization can always decentralise economic power. critically discuss
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Write a 6-8 page, DOUBLE SPACED review essay on one of the following titles. Although several editions exist for some of these titles, I encourage you to select a well edited an
Suppose the firm mark up over the cost is 10% and the wage setting equation is W=P (1-u) where U is the unemployment rate. a) Find out the real wage rate implied by the price se
While getting introduced with various concepts, it would strategically be unfair to venture in to the analysis of on going policies unless a reasonable conceptual coverage has been
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