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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
How does the GPI adjust for increasing U.S. income inequality? Starting with the category of Personal Consumption Expenditures, the GPI adjusts for enhancing income inequality
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Poverty: A state of having inadequate income or other resources to support a household (or group of households) at a basic standard of living. Poverty can be measured in absoluterr
7.Consider the following production possibilities table: Option Y X A 0 100 B 80 80 C 120 50 D 140 10 a)Provide a measure of the approximate marginal opportunity cost of
Your company has a product that it is interested in marketing in a foreign country. Using one of the following Websites, click on a country of your choice to learn about Etiquette,
Draw an indifference curve for consumption and hours of work. (Hint: in class we discussed indifference curves for consumption and hours of leisure, this is different.)
what are monetry accounts?
Much of undergraduate macroeconomic theory is discussed on the assumption that, in the short run, the expectations of economic agents about the future values of macroeconomic varia
Money: Broadly speaking, money is anything which can be used as a means of payment (for instance, to settle a debt). It includes bank deposits, actual currency, credit cards and li
what are the benefits of natural resources and industryquestion..
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