Macroeconomic Policy Objectives

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  • Created by: hayley
  • Created on: 29-03-13 18:27
Policy Objective
Government's major macroeconomic objectives
1 of 6
Policy Instrument
techniques used to achieve policy objectives
2 of 6
Boom/bust policy
the government using macroeconomic tools to stimulate and then contract the economy
3 of 6
Total factor productivity
the overall productivity of inputs used by a firm in producing a particular level of output
4 of 6
Deflation
a situation where prices persistently fall
5 of 6
Credit Crunch
where borrowing becomes more expensive or unavailable
6 of 6

Other cards in this set

Card 2

Front

techniques used to achieve policy objectives

Back

Policy Instrument

Card 3

Front

the government using macroeconomic tools to stimulate and then contract the economy

Back

Preview of the back of card 3

Card 4

Front

the overall productivity of inputs used by a firm in producing a particular level of output

Back

Preview of the back of card 4

Card 5

Front

a situation where prices persistently fall

Back

Preview of the back of card 5
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