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Process to control inflation rate
The belief that control of inflation must be the primary economic objective of government can be traced back to neo-liberal revolution that started in the mid-1970s. Free-market economists argue that price stability is necessary for long-term economic growth since it creates necessary conditions for business confidence and private sector investment. If inflation is seen to be out of control then confidence is destroyed, businesses become uncertain and economic activity stagnates.
what is the formula for calculating investment multiplier for 4 sector economy?
Address the following issues concerning technological and strategic barriers to entry. (a) Explain the role of economies of scale and (long run) fixed costs as technological bar
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