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A rise in unemployment will lead to a fall in inflation...this is best explained by the philips curve
Good day, I would like to know the relevance of OFFER CURVE to applied microeconomics.
Their prices would increase.
Their prices would increase.
Can Phillips curve be applied to ZIMBABWEAN PROBLEMS
Limited and Unlimited is a term applied to commercial companies NOT Countries. Zimbabwe is a country.
I assume you mean the curve of length against applied force (or mass) for a wire. The beginning part of the curve should be a straight line, and this is where the deformation is elastic. When the substance passes its elastic limit, the line starts to curve up.
I assume you mean the curve of length against applied force (or mass) for a wire. The beginning part of the curve should be a straight line, and this is where the deformation is elastic. When the substance passes its elastic limit, the line starts to curve up.
Changes in wages imply changes of inflation in Singapore or most other countries. The Philips curve shows how inflation and and unemployment is related.
frits Philips never made Philips company
Philips Elftal are the tenants of Philips Stadion.
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