Briefly explain the main macroeconomic objectives, Microeconomics

Assignment Help:

Briefly explain the main macroeconomic objectives of governments.

Definition of macroeconomic issues

  • Growth

a)      Enhance in national income per unit of time, a flow method

b)      Enables the economy to improve living standards

  • High employment

a)      Percentage of labour force employed

b)      shows utilisation of social factor of production

  • Price stability

a)      steady rate of price enhance; change in CPI/RPI/GDP deflator

b)      Permits predictability and reliability in the economic environment

  • External balance

a)      balance of payments

i) equilibrium in foreign sector trade, i.e. exports and imports

b)      exchange rate

i) stability in external value of currency

 


Related Discussions:- Briefly explain the main macroeconomic objectives

Payroll tax, Q. What do you meant by Payroll Tax? Payroll Tax:A tax whi...

Q. What do you meant by Payroll Tax? Payroll Tax:A tax which is levied on current employment or payrolls (collected either as a fixed amount per employee or as a percentage of

Internal rate of return, If, for a specific project alternative, the discou...

If, for a specific project alternative, the discount rate equals the Internal Rate of Return, then the (discounted) Benefit Cost Ratio will equal unity (i.e., BCR=1.0). Define I

Japanese and American production, What is the graph of the production possi...

What is the graph of the production possibilities frontiers for the American and Japanese economies if American worker can produce 10 tons of grain a year and Japanese worker can p

Indifference curve and budget line, how the increase in price will affect c...

how the increase in price will affect consumer''s ability to maximise satisfaction?

Baumol theory, appraise baumol`s sales revenue maximazation theory as an al...

appraise baumol`s sales revenue maximazation theory as an alternative of the firm

Perfect competition in labor markets, the existance of a labor marketcharac...

the existance of a labor marketcharacterised by perfect competition is a fallacy.discuss

Explain opportunity costs using a ppf, Explain opportunity costs using a PP...

Explain opportunity costs using a PPF where investment goods are on one axis and consumption goods on the other. Again, a good definition of opportunity costs linked to the not

Need answer as a assignment right now please, Consider what would happen if...

Consider what would happen if a taxes of 10000$ was imposed on imported automobiles on dealers.Using a demand and supply diagram, show its impact of price and quantity. Suppose the

Calculate the expected value, 1) Investments 1A) What are the ...

1) Investments 1A) What are the two components to total return ?  What does expected value measure?  What does standard deviation measure?  How can each result be

Determinants of demand for education, Normal 0 false false ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd