Economy, asked by arslanabbas659, 4 months ago

INTERMEDIATE MACROECONOMICS
growth (gY!) above normal growth (gY) leads to a decrease in
unemployment rate while output growth below normal leads to an
increase in the unemployment rate. It is as: gY;> gì = Ut <U/-I
and if gY:<gY U. > U-1.
PRICE INDICIES AND INFLATION
We know that the monetary value of goods and services is NI. This
nows that monetary value of goods and services is determined by the price
vel of the country. Now there rises the question that how price level is
easured? Or how price indicies are prepared to measure inflation.
The price level is stated as an index number A price index measures
narticular collection of goods and services, called a​

Answers

Answered by suparna110
0

Answer:

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