Describe the types and causes of inflation

Reference no: EM13196460

1.In an attempt to curb the problem of unemployment and win the forthcoming elections the government of the republic of zambia has decided to hire unemployed workers who had previously been receiving unemployment benefits as government employees and will now pay them to do nothing.

I. What will be the likely impact on zambia's natoinal income and GDP?

II. To what extent does the level of national income influence the level of personal income?

2. What are the types and causes of inflation?

3. Derive the IS and LM curves graphically and mathematically showing clearly solving their respective slopes.

Reference no: EM13196460

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