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The justified true belief (JTB) account of knowledge purports to give the necessary and sufficient conditions for an subject's having knowledge. Precisely, the account states that a subject S knows a prop...

The Phillips curve shows the trade-off that must be made between inflation and unemployment . There is an inverse relationship between the two variables, with lower unemployment rates corresponding to hi...

Firstly, deflation can be defined as a persistent decrease in the general level of prices. An example would be Japan in the 1990's.There can be "good"deflation which occurs when Long Run Aggrega...

(1) Find the gradient using differentiation (2) If the gradient at (x₁,y₁) is m,y - y₁ = m(x - x₁)
(1) We differentiate the given equation:dy/dx = 2x + 3 <...