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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.
Question 1: "A Policy may be defined as a major course of action within a given environment intended to reach a goal or realize an objective." Give an account of the making
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eiplain why indifference curve are convex to the origin
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Free Publicity is only the periodical subscription. This is only in newsletter in which one spills the guts about publicity. It is your chance to tap into one's brain and dig out a
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Draw a simple circular flow of income model for a private sector economy. Label all of the flows, as well as the markets where all exchanges take place. Describe the exchanges, a
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