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👑Labor Market and Employment Essays
Economics Essays, Topics, and Questions for A-Level, AS Level, GCE, GCSE and O-Level Cambridge and AQA Exams
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[CIE O level]
Spain has had one of the highest unemployment rates in Europe. Moreover, 3.5 million of those unemployed had been out of work for at least a year by 2015. The Spanish Government has introduced a range of policy measures, including increased government spending, to reduce unemployment and poverty. It has also tried to help firms make the supply of their products more elastic.
Analyse why price elasticity of supply can differ between products. [6]
Price Elasticity
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