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22. Answer two of the following questions. (10 marks each) (a) Using a diagram Illustrate the concepts of (1) equilibriu
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- 22 Answer Two Of The Following Questions 10 Marks Each A Using A Diagram Illustrate The Concepts Of 1 Equilibriu 1 (57.86 KiB) Viewed 43 times
22. Answer two of the following
questions. (10 marks each) (a) Using a diagram Illustrate the concepts of (1) equilibrium unemployment and disequilibrium unemployment and (II) demand-pull Inflation and cost-push Inflation Explain why dealing with both demand-pull inflation and cost-push inflation at the same time may be difficult in terms of balancing between unemployment and inflation Ansinor: