What are two reasons why there may be a short-run trade-off, Ask an Expert

Economics

What are two reasons why there may be a short-run trade-off between unexpected inflation and the unemployment rate.

How do each of the following sources of real business cycles would effect the economy:

- Farmers go on strike for six months.

- Oil prices fall sharply.

- Particularly favorable weather increases agricultural output

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91710667

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