macroeconomic policy objectives

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policy objective
govts. major macroeconomic objectives
1 of 7
policy instrument
techniques used to achieve policy objectives
2 of 7
boom/bust policy
the govt. using macroeconomic tools to stimulate and then contract the economy
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total factor productivity
the overall productivity of inputs used by a firm in producing a particular level of output
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deflation
a situation where prices persistently fall e.g. Greece is currently suffering from deflation at -1.5%
5 of 7
credit crunch
where borrowing becomes more expensive or unavailable
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participation rates
proportion of the country's population that makes up the country's labour force
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Card 2

Front

techniques used to achieve policy objectives

Back

policy instrument

Card 3

Front

the govt. 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 e.g. Greece is currently suffering from deflation at -1.5%

Back

Preview of the back of card 5
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