Question
A.Directions: Write down the definition and example scenarios/situations and even government intervention Concepts/Terminologies Example Scenario/Situations Government Interventions 1.Business Cycle 2.Unemployment 3.Econonomic Growth 4.Cyclical Unemployment 5.Inflation
A.Directions: Write down the definition and example scenarios/situations and even government intervention
Concepts/Terminologies | Example Scenario/Situations | Government Interventions |
1.Business Cycle | ||
2.Unemployment | ||
3.Econonomic Growth | ||
4.Cyclical Unemployment | ||
5.Inflation | ||
6. Frictional Unemployment | ||
7. Cost Push Inflation | ||
8. Structural Unemployment | ||
9. Demand Pull Inflation | ||
10. Cost Push Inflation | ||
11. Seasonal Unemployment |
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Principles Of Microeconomics
Authors: N Gregory Mankiw
9th Edition
035713348X, 9780357133484
