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ECS1601-25-EX10A
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The question based on the following diagram:
Which of the following factors will result in a rightward shift of the Phillips curve as illustrated?
a. All the components of M2 are readily available as a medium of exchange.
b. M1 consists of notes and coins held by the banks plus the demand deposits.
c. M3 is the best measure of the monetary sector development.
Look at the following diagram and answer the question:
The level of autonomous consumption on the diagram is …
a) The factors of production are capital,rent,money and labour.
b) Net exports are equal to exports plus imports.
increase in unemployment, is called …