Economics
Phillips Curve
Phillips Curve: Inflation and Unemployment Introduction - Phillips Curve is a curve which advocates the relationship between Inflation and unemployment in the economy. As per the Phillips curve there is a "trade off" between inflation and unemployment. It means there is an inverse relation between inflation and unemployment . According to Phillips cur…
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Economics
Demand Forecasting
Demand Forecasting- Intro - Demand forecasting is method to predict the future demand of product, with the help of demand forecasting a firm or organisation can take decisions about product's supply in the market. Factors affecting on Demand Forecasting - Price of Goods - In the comparative market there are many seller and many buyer, If the price of product…
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