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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.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9586183

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