Types of inflation in a country, Microeconomics

(a) Describe the different types of inflation in a country.

(b) Describe the trade-off between inflation and unemployment, using appropriate diagrams.

(c) Mauritius has been facing high rates of unemployment during the last few years.

  i ) What reasons could explain such a surge in the unemployment rate?

  ii ) Describe the measures that the government has taken to curb the unemployment problem.

Posted Date: 10/21/2013 5:40:12 AM | Location : United States

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