What are institutional constraints? Give an example and

What are institutional constraints? Give an example and explain how they impact the economy.
Explain the costs of unemployment.
How can the outsourcing of jobs cause production possibilities to expand?
Why did the Full Employment and Balanced Growth Act establish 3 percent inflation as the benchmark rather than zero inflation?
What is the difference between demand-pull inflation and cost-push inflation?
Discuss two mechanisms that offer protection from the effects of inflation.
Based on the real interest rate who tends to benefit from inflation in terms of borrowing and lending?
During a period of inflation are all prices rising? Explain your answer.
Is everyone worse off because of inflation? Why or why not?
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