At high levels, inflation, whether expected or unexpected, occasions considerable costs on  society. Using examples from a country of your choice, discuss:  (i) The costs of expected inflation  (ii) The costs of unexpected inflation

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A: CDS means a type of insurance against credit risk.

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Q: Can you answer this as well please and thank you. Using two of the three theories explain why the…

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A: *Answer:

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Unemployment and Cost of Unemployment

Unemployment is the state of being unemployed, even when an individual is actively seeking work opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed.