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Identify/define and Explain the Significance of the Following: World's Fair

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Essay

Identify/define and explain the significance of the following: world's fair.

Comprehend the concepts of natural rate of unemployment and its determinants.
Appreciate the roles of expectations in determining the effectiveness of monetary policy.
Understand the theoretical foundations and implications of the Phillips curve.
Identify the effects of aggregate demand and supply shocks on the economy.

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