Question
Discuss the effect of Fiscal and monetary policy on IS-LM model. Illustrate using a graph Explain the reasons why the aggregate demand curve is downward
Discuss the effect of Fiscal and monetary policy on IS-LM model. Illustrate using a graph
Explain the reasons why the aggregate demand curve is downward slopping
What is the shift in short run aggregate supply curve
What is shifts of long run aggregate supply curve. Discuss them in detail
Describe backward slopping labor curve
Differentiate between unemployment and underemployment
What are the major effects of unemployment in the developing countries. Base your answer with an example of current economic situations across the world.
Use a well-drawn curve to illustrate the Philips's economics model and explain the trade off part of it
Explain the solution to unemployment
Derive the Phillip's curve from S.R.AS
please tackle if you are sure
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