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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.
Explain about the long-run economic growth. Long-Run Economic Growth: Secular or long-run growth is the continued upward trend into aggregate output per person over many
1) True or False: Elections under the NLRA were intended to replace the need for striking in order to have a union recognized. 2) True or False: Companies can voluntarily acknow
• Although the country produced several types of commodities (goods and services) in the year 2002, but this country's Central Statistics Office has grouped such commodities into f
Analytical Hierarchy Process - Supplier Selection Supplier selection is a multi-criteria decision-making problem that the selection process mainly involves evaluating a number
what is production analysis?
How can external trade promote economic development and growth? International trade permits increased specialisation than higher output permits economies of scale. • A big m
Report the average and standard deviation of monthly return for your corporation and the S&P 500 on the spreadsheet. Use the spreadsheet functions to calculate these: =AVERAGE(dat
the basic assumption of the static model
negative externalities
Illustrate liberalise or open up trade in market for promoting development? Liberalise or open up trade implies that: • Abandoning fixed exchange rates and elimination of re
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