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QUESTION
(a) In several countries recently, many people have become unemployed. Analyse the different types of unemployment in an economy.
(b) Define inflation and explain its causes.
(c) Explain how monetary and fiscal policies may reduce the rate of unemployment in an economy.
(d) Briefly explain the short run inverse relationship between inflation and unemployment.
(a) Describe and discuss the Structure Conduct Performance framework (b) The hypotheses of interest in the Structure Conduct Performance framework are as follows: Hypothesi
Find quantity supplied and quantity demanded: Suppose there are 300 used cars, with 3 quality levels: bad, medium, and good. A seller knows the quality of his car but a buyer
QUESTION a) Explain with the use of appropriate techniques how can an increase in investment spills over to other sectors in the economy and what affects the final impact on ec
Question The Borneo Shop imports and sells a popular Blue Ray DVD player. The following current information about the business is available: Selling price per play
QUESTION Explain the relationship between scarcity, choice and opportunity cost. "In a capitalistic system, Consumer Sovereignty is the key". Explain and discuss this sta
GDp of World?
Comparing Production Possibilities Curves
Define the using influences of contract staff for IS project. Use of contract staff: Such are frequently an unknown quantity. It is reasonable to assume that people who
How can trade agreements assist development? A trade agreement is while two or more countries to by decrease or abolish tariffs, non-trade and quotas barriers which are establ
What is the fixed cost
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