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Relevance of product unit costs for macroeconomic policy

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Explain the relevance of product unit costs for macroeconomic policy.

Compare levels and trends of product unit costs in Portugal and Sweden. Use a model covered during the module to depict the effects of the European Central Bank's monetisation of European debt in both countries, focusing on product unit costs. Assess the advantages and disadvantages of such ECB policy for each one of the countries

Reference no: EM133129751

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