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Choose a representative country, identify and describe a demand or supply shock. Examine its effect using...


Choose a representative country, identify and describe a demand or supply shock.

Examine its effect using the AD/AS curves on Inflation, unemployment and Output.

Using data, examine the relationship betweenunemployment and Inflation due to the shock.

NB. You can NOT use an event described from the textbook.

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The Phillips bend relates the speed of swelling with the speed of state. The Phillips bend contends that state and expansion are proportionally associated as dimensions of state diminishes, swelling will increment. Their relationship, in any case, isn't straight

An offer SHOCK is a partner degree amazing occasion that changes the arrangement of an item, prompting a quick adjustment in esteem.

How about we expect that request is unaltered, a negative offer stun causes an item incentive to spike upward, though a positive offer SHOCK diminishes the value

IN DEVELOPING ECONOMIES LIKE Asian nation RATE OF INFLATION continue on INCREASING as RATE OF EMPLOYMENT IS DECREASING FOR demonstration of fear mongering BEING SPONSORED BY THEM

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