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Problem:

(a) Distinguish between fiscal and monetary policy, giving examples where appropriate.

(b) Explain how fiscal and monetary policies might be used by a government during unemployment.

(c) Using hypothetical figures, distinguish between the theories of comparative and absolute advantage.

(d) Describe why a country might impose barriers to trade.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9585735

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