1.1 Explain the influence of each of the following events on the quantity of real GDP supplied...
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1.1 Explain the influence of each of the following events on the quantity of real GDP supplied and aggregate supply in India and use a graph to illustrate.
◆ UK firms move their call handling, IT and data functions to India.
◆ Petrol prices rise.
◆ Walmart and Starbucks open in India.
◆ Universities in India increase the number of engineering graduates.
◆ The money wage rate rises.
◆ The price level in India increases.
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Related Book For
Economics
ISBN: 9781118150122
10th European Edition
Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews
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