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Abstract: This well rounded informative 20 page paper looks at different aspects of business economics in order to give a clear and decisive description of the aspects and their influence. Aspects of economics covered include elasticity of price, income and cross elasticity, the causes of inflation, the causes of unemployment and appropriate responses, fixed and floating exchange rates along with there advantages and disadvantages, perfect competition and monopolies as well as the effect of globalization of the European Union. The bibliography cites 13 sources.
Catagory: Money & Banking / Corporate Finance
Subcatagory: Accounting & Personal Finance