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How unemployement increases by firm relocating production
If unemployment increases in a specific city because of a firm relocating production, it's structural unemployment that increases (primarily, part of it is frictional) and if unemployment increases because of a recession, it's the cyclical unemployment which has increased. Knowing what type of unemployment is currently present is significant when considering what type of measures to take to lower unemployment.
effects of tax increase on the gross domestic product
Can growth arise without development? Growth is just one feature of development and therefore is an essential but not enough condition for economic development. For example, g
assumptions of opportunity cost
What is the difference between heckscher_olin theory and comparative theory
How does the Ricardo Viner diagram react when once price changes, effects on real wages, and labor allocation?
COMPONENTS OF TRADE POLICY: External sector reforms beginning with 1991 included dismantling of trade restrictions along with tariff rationalization, a move towards current a
Consider following 5,000 value securities. Bond Coupon Rate Selling price coupon payment yield to maturity% 6% $5000 6% $5500 10% $5000 12% $4500 A. Are those securities abov
Fiscal Policy An Increase in Government Spending: Figure 1 Let us examine how an increase in government spending affects the interest rate and the level of income.
Q. Explain about Quantity theory of money? One of the main elements of the classical model is quantity theory of money. Quantity theory of money connects three important variab
Marginal Propensity to save (MPS) is the ratio of change in total saving to change in total disposable income. Symbolically, MPS = ?S/?Y For example, total
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