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Which type of unemployment is the focus of macroeconomic policy?
Cyclical unemployment
Which is an illustration of a macroeconomic question?
the relation of inflation and unemployment can be macroeconomic illustration. both these topics deals with macro economy.
Which of these is a macroeconomic goal that economic systems try to achieve?
low unemployment
What are the three statistics for measuring macroeconomic health?
real GDP inflation unemployment
The amount by which potential GDP exceeds actual GDP is one measure of the?
Macroeconomic cost of unemployment
Which type of unemployment is the focus of macroeconomic policy?
Cyclical unemployment
Which is an illustration of a macroeconomic question?
the relation of inflation and unemployment can be macroeconomic illustration. both these topics deals with macro economy.
What are the current macroeconomic problem in South Africa?
inflation,transportation,unemployment
Which of these is a macroeconomic goal that economic systems try to achieve?
low unemployment
Is health care a macroeconomic or microeconomic issue?
health care is a microeconomic issue as it is related to individual's whereas macroeconomic deals with economy as a whole.
Is health care is a microeconomic or macroeconomic issue?
health care is a microeconomic issue as it is related to individual's whereas macroeconomic deals with economy as a whole.
What are the three statistics for measuring macroeconomic health?
real GDP inflation unemployment
The amount by which potential GDP exceeds actual GDP is one measure of the?
Macroeconomic cost of unemployment
What is macroeconomic imbalance?
Macroeconomic imbalance refers to significant discrepancies in a country's economic indicators, such as high unemployment, inflation, budget deficits, or trade imbalances. These imbalances can lead to instability and hinder economic growth, as they disrupt the normal functioning of the economy. Addressing macroeconomic imbalances typically requires coordinated policy measures to restore equilibrium and promote sustainable development.
Do monetarists argue that the Natural rate of unemployment can be reduced by macroeconomic policies designed to stimulating aggregated demand?
They do, but inflation will result, the monetarist view of the natural rate is that it is the non accelerating inflation rate of unemployment (NAIRU) to move below this will result in high inflation and is therefore not worth the benefit of the reduced unemployment.
If the main macroeconomic problem is unemployment then what is aggregate demand?
Aggregate Demand is the total amount of Demand in the Economy at a given time. It is an important macroeconomic factor because it helps determine, forsee and ,when manipulated ,prevent inflation. Inflation is one of the the main macro-economic problems and is as important as unemployment.
What are macroeconomic factors?
Macroeconomic factors are the factors which affect the wider economy. In other words these factors seems to summarize the picture of economy. For example, unemployment, inflation rates, GDP etc. All these tell us about the story of whole economy.
