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1.E/xplain why the three (3) goals of macroeconomics are relevant (12%) 2.Ex/plain (give an example for each) cyclical, frictional, and structural unemployment? (15%) 3.Discuss two

1.E/xplain why the three (3) goals of macroeconomics are relevant (12%)

2.Ex/plain (give an example for each) cyclical, frictional, and structural unemployment? (15%)

3.Discuss two criticisms of the consumer price index (CPI) (13%)

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