Why are inflation and unemployment often viewed as the key, Ask an Expert

Economics

a) Why are inflation and unemployment often viewed as the key challenges facing an economy? describe your answer.

b) describe why Gross Domestic Product (GDP) is often criticised as a measure of economic activity.

c) What indicators might suggest an economy is heading toward a recession?

d) Discuss alternatives to GDP as a measure of economic welfare in a modern economy?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M951593

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