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ECONOMICS QUESTION 1 The government of the Republic of South Africa decided to give unemployed people R350.00 a month as relief grant during the COVID

ECONOMICS

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QUESTION 1 "The government of the Republic of South Africa decided to give unemployed people R350.00 a month as relief grant during the COVID 19 pandemic". Discuss; using the Phillips curve hypothesis if this grant could contribute to allowing higher inflation to create jobs. (10)QUESTION 2 With the aid of a graph discuss the determination of wages in a perfectly discriminating monopsonist market

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