Macro Economic Factors Flashcards

1
Q

Development

A

Human development, sustainability

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2
Q

Inflation

A

Cost push,demand pull factors, expectations

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3
Q

Growth

A

Impact on short run/long run growth paths

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4
Q

Employment

A

Job natural rate of unemployment

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5
Q

Structure of economy

A

Patterns of:

  • GDP
  • Jobs
  • Investment
  • Incomes
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6
Q

Trade

A

Trade balance, current account, capital flows

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7
Q

Inequality

A

Effects on income and whealth inequality

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8
Q

Fiscal balance

A

Impact on state borrowing, debt, tax burdens

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