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Note that this question requires substantial research (see the assessment criteria below). (a) Explain whether there is a relationship between inflation and unemployment. Should government interfere and reduce inflation and unemployment? Provide real life examples. (8 marks) (b) Using your home country as a case study outline and analyse inflation, unemployment and growth trends. Identify what range of the aggregate supply curve your country is operating in. (10 marks) (c) Explain how monetary p ...

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Tags: Australia Maribyrnong Economics Business Economics Economics for Business Victoria University Business Economics/BUS1BUE 

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