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Briefly explain the main macroeconomic objectives of governments.
Definition of macroeconomic issues
a) Enhance in national income per unit of time, a flow method
b) Enables the economy to improve living standards
a) Percentage of labour force employed
b) shows utilisation of social factor of production
a) steady rate of price enhance; change in CPI/RPI/GDP deflator
b) Permits predictability and reliability in the economic environment
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
optimal contracts under symmetric information
The End of the Productivity Slowdown As computers improved and spread throughout the U.S. economy in 1970's and 1980's economists kept waiting to see the wonders of computing
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Types of unemployment: Frictional Unemployment: -It refers to unemployment caused by changes in individual labour markets.This is the type of unemployment resulting from peop
how does the concept of possibility production curve aplicable in real life?
lung run eqiulibrium
How to calculate: fixed cost is $1,000,000 tvc $4,400,000, avc is $22, atc $27, worker productivity is 4. How do I calculate the profit or loss?
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differance between capitalism and socialism
what is aridge line and significance in economics.
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