Macro Economic Factors Flashcards
1
Q
Development
A
Human development, sustainability
2
Q
Inflation
A
Cost push,demand pull factors, expectations
3
Q
Growth
A
Impact on short run/long run growth paths
4
Q
Employment
A
Job natural rate of unemployment
5
Q
Structure of economy
A
Patterns of:
- GDP
- Jobs
- Investment
- Incomes
6
Q
Trade
A
Trade balance, current account, capital flows
7
Q
Inequality
A
Effects on income and whealth inequality
8
Q
Fiscal balance
A
Impact on state borrowing, debt, tax burdens