Relationship between inflation and unemployment

Reference no: EM13933726

Please note that this question requires substantial research.

(a) Explain whether there is a relationship between inflation and unemployment. Should government interfere and reduce inflation and unemployment? Provide real life examples.

(b) Using your home country as a case study outline and analyse inflation, unemployment and growth trends. Identify what range of the aggregate supply curve your country is operating in.

(c) Explain how monetary policy can influence an economy, including the exchange rate and employment levels

Overall presentation of work, especially use of graphs, clear written expression. Appropriate use of referencing.

Reference no: EM13933726

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