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1)Know the example of different types of unemployment 2)Relationship between Inflation and the Economy. Also, know when inflation interferes with real wages. 3)Study Fiscal policy
1)Know the example of different types of unemployment
2)Relationship between Inflation and the Economy. Also, know when inflation interferes with real wages.
3)Study Fiscal policy
4)How GDP gap increases and shrinks
5)What are examples of contractionary fiscal policy?
6)As per Keynesian Theory, what policies can correct inflation and unemployment in the economy?
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