macroeconomic policy objectives 0.0 / 5 ? Economicsmacroeconomic policy objectivesASAQA Created by: Tanya HaldipurCreated on: 12-04-14 15:51 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 3 of 7 total factor productivity the overall productivity of inputs used by a firm in producing a particular level of output 4 of 7 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 6 of 7 participation rates proportion of the country's population that makes up the country's labour force 7 of 7
Comments
No comments have yet been made