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Explain the difference between the Monetarist and Keynesian views of unemployment

Monetarists believe that prices and money wages are flexible and can adjust quickly, meaning that the real wage is at the right level to achieve long run equilibrium in the labour market. All unemployment...

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Answered by Tom H. Economics tutor
15699 Views

Explain what you understand by the Lorenz Curve and Gini Coefficient.

The Gini Coefficient measures the area between the Lorenz curve and the line of absoluate equality in an economy. The bigger the Gini Coefficient, the greater the inequality in a single country. Fiscal po...

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Answered by Tom H. Economics tutor
7012 Views

What is Olbers' paradox?

Olbers' paradox is a thought experiment that arises in cosmology* which shows that our universe does not fit the "Static Newtonian" model.
Sir Isaac Newton...

AJ
Answered by Alexander J. Physics tutor
5719 Views

How do we form the Perfect tense/ Passé composé in French?

First of all, we need to learn that to form the Perfect tense in French we will need to learn the present tense of the two following verbs: avoir (which means to have) and être (the verb to be). The two v...

KC
Answered by Karolina C. French tutor
6489 Views

How can I revise for a closed book English exam, do I need to learn the whole book?

One of the biggest worries for students taking A Level English Literature is that most of the exams are closed book, meaning that you cannot have a copy of the text in the exam with you.

This ...

HS
12499 Views

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