Week 4 Milestone 2
Milestone 2 comprises reading from Weeks 3 and 4 (Chapters 29-33). Include these critical requirements in your submission:
- How do inflation, unemployment, aggregate demand, and supply in the company’s key market (country) affect the company’s profitability?
- Discuss the five transmission mechanisms (intertemporal substitution, uncertainty, and irreversible investments, labor adjustment costs, time bunching, and network effects and collateral damage) of the key market (country) and how it affects the company’s profitability.
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ModernPrinciplesofEconomics-Chapter31.pdf
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ModernPrinciplesofEconomics-Chapter32.pdf
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ModernPrinciplesofEconomics-Chapter33.pdf