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Define the macroeconomic stability in market for promoting development.
Macroeconomic stability implies that:
• Tight fiscal policy that is balanced government budgets and decreased health and also education budgets. Public sector employees may be made jobless to make sure G=T
• Tight monetary policy to attain low inflation that raises the costs of borrowing to firms.
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(a) Name three types of government interventions and 3 economic factors affecting the business environment and with given example explain how these affect the business environment.
uses of time series
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law of diminishing marginal utility assignment
Do you agree with the traditional theory that assumes profit maximization as sole objective of a business firm?
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