How do you solve this kind of question. Use the WS (wage -setting) and PS (price- setting) relations to examine the effects of the following events on the natural rate of unemployment and on the real wage. Be sure to explain the effects of each event on the WS and PS relations and draw a graph. a. Increased merger activity causes markets to become less competitive. b. Increased ant-legislation leads to increased competition among firms in markets. c. A reduction in unemployment benefits d. An increase in employment protection
thank you sir! very few people explain this topic as well as you do, clear and to the point.
Fantastic job! Thank you so much! Big thumbs up!
Very well articulated🙌 Thank you Sir
Thank you very much, sir. I was searching for it .😊🙏
Most welcome
Thank you so much sir for this explanation.
03/11/2023 Friday 11:07PM
can you tell why you told the exact date and time, just curious
Thanks Sir I really appreciate it
Super helpful, thanks!
Well explained
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If I have like this ..T = 200 (10) , what does this mean?
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Wow well explain
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Thank you soo much sir
How do you solve this kind of question.
Use the WS (wage -setting) and PS (price- setting) relations to examine the effects of the following events on the natural rate of unemployment and on the real wage. Be sure to explain the effects of each event on the WS and PS relations and draw a graph.
a. Increased merger activity causes markets to become less competitive.
b. Increased ant-legislation leads to increased competition among firms in markets.
c. A reduction in unemployment benefits
d. An increase in employment protection
Concerning grap
Do I draw the curves in one graph or different graphs for both IS &LM
Consider an economy describe d C= 200+0.7yd ,I= 250_25i ,G= 300 T= 200 , m/p) 0.5y_20i ,m= 200 , price 10
Derived the IsAnd Lm equation
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Thanku so much sir
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Equilibrium level of income or output
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Okay
Sir its Nice explanation .But how did you get 0.8 Yd ' s d part became T. ( Y-T) How did d became T( Tax ) .
Yd is the disposible income....so it's become y-t
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My pleasure
What happened to the p in the money supply equation?
That's just Money supply adjusted by inflation hence divided by P
Where did 0.2 came from cause it's giving me 0.4 how did you arrived on 0.2 instead of 0.4
1-0.2
1-0.8=0.2
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