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Topic: Business
Number of pages / Number of words: 9 / 2367
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This lowers inflation and should also in theory have a positive effect on unemployment.

During the period of cost-push-inflation, it is likely that France was experiencing demand deficient unemployment as consumer demand fell (Sloman 2005). Although a type of equilibrium unemployment, French rates in 1986 were still very high compared with Germany (6...


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Although a type of equilibrium unemployment, French rates in 1986 were still very high compared with Germany (6.6%), Austria (3.3%) and Italy (8.9%) . This can again be explained using simple AS and AD models of the goods and labour markets:

The model shows that for any level of GDP (output) there is a corresponding level of employment because as demand for goods increases, so must the demand for labour to accommodate the required levels of supply...


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CRITICALLY EVALUATE THE EXTENT TO WHICH EFFICIENCY WAGE THEORY CAN PROVIDE AN EXPLANATION OF UNEMPLOYMENT Consumer Demand And Operator Support For Socially And Environmentally Responsible Tourism Demand Cost Analysis On Car Industries Economic Concern: Unemployment Rate Effects Of The National Minimum Wage On Unemployment And Inflation France's recent economic activity The Effect of Price Elasticity of Demand in Airline Industry The demand for money is purely a transactionary demand The effect of the minimum wage has on unemployment unemployment in France Compare and contrast the theory of absolutism and constitutionalism with reference to the evolution of government in England and France. Reasons Why France Fell Swiftly in 1940 Consumer Demand Example The Impact of Media Hype on Consumer Demand: The Case of Mad Cow Disease in the United States Demand Management: Integrating Demand and Supply in Real Time

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