The following points highlight the six major macro-economic issues. The issues are: 1. Employment and Unemployment 2. Inflation 3. The Trade Cycle 4. Stagflation 5. Economic Growth 6. The Exchange Rate and the Balance of Payments.
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Issue # 1. Employment and Unemployment:
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Unemployment refers to involuntary idleness of resources including manpower. If this problem exists, society’s actual output (or GNP) will be less than its potential output. So one of the objectives of Government policy is to ensure full employment which implies absence of involuntary unemployment of any type.
The following code prints the values 1 to 5 in the Immediate Window(Ctrl + G to view). Debug.Print 1 Debug.Print 2 Debug.Print 3 Debug.Print 4 Debug.Print 5 The Immediate Window. If you have not used the Immediate Window before then this section will get you up to speed quickly. The function Debug.Print writes values to the Immediate Window. Source code for EtreCheck. Contribute to etresoft/EtreCheck development by creating an account on GitHub. Getting Started with Excel Macros. FAQs, Excel VBA, Excel Macros. Adding Code to an Excel Workbook. Worksheet Macro Buttons. Create a Worksheet List Box. Don't Miss Our Excel Tips. Don't miss my latest Excel tips and videos!
Issue # 2. Inflation:
It refers to a situation of constantly rising prices of commodities and factors of production. The opposite situation is known as deflation. During inflation some people gain and most people lose. So there is a change in the pattern of income distribution. Anymp4 mac blu ray ripper 8 2 2009. Therefore, one of the objectives of government policy is to ensure price level stability which implies the absence of inflation and deflation.
Issue # 3. The Trade Cycle:
It refers to periodic fluctuations in the levels of economic or business activities, i.e., the tendency for output (GNP) and employment to fluctuate over time in a recurring sequence of ups and downs. The periods of good trade alternate with periods of bad trade, or, boom periods of high output and high employment alternate with slump periods of low output and low employment.
In boom periods, employment is low but the rate of inflation is high. In periods of depression (or recession) unemployment is high and the rate of inflation is moderate. In macroeconomics we study the causes of business cycles and suggest remedial measures.
Issue # 4. Stagflation:
Most modern mixed economics suffer from the disease of stagflation which implies the co-existence of inflation and unemployment in a stagnant economy. The trade-off between inflation and unemployment is perhaps the most complex macroeconomic issue of the day. Every country in the world is now struggling hard to fight the disease of stagflation.
Issue # 5. Economic Growth:
In spite of short-term fluctuations of output that are associated with the trade cycle, the long-term trend of total output has been upward in most industrially advanced country. The trend in the nation’s total output over the long period is known as economic growth.
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It refers to an expansion of society’s production capacity such as bringing new land under cultivation or setting up new factories. Growth is measured by the annual rate of increase of per capita income and is illustrated by a rightward shift of the production possibility curve.
There are three major sources of growth, viz.,:
(1) The growth of the labour force,
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(2) Capital formation and
(3) Technological progress.
A country seeks to achieve economic growth mainly for improving the standards of living of its people. If the rate of economic growth exceeds the rate of population growth, there is likely to be an improvement in the standard of living for the average person.
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Issue # 6. The Exchange Rate and the Balance of Payments:
The balance of payments is a systematic record of all economic transactions between the members of the home country and the rest of the world in an accounting year. These transactions are largely, if not entirely, influenced by the exchange rate. It is the rate at which a country’s economy is exchanged for another currency (or gold).
The trend in the value of the rupee in terms of two major currencies of the world, viz., the U.S. dollar and British pound, has been downward in the last two decades. Economists are always eager to discover the cause and consequences of such changes.
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EtreCheck Pro 5.1 | Mac OS X | 13 MB.
EtreCheck is an application that shows the important details of the configuration of your system and allows you to copy that information to the clipboard. It is intended for use with the Apple Support Communities to help people to help you with your Mac. EtreCheck automatically deletes any personally identifiable information on the outcome. EtreCheck automatically alert you to serious problems such as adware, insufficient RAM or a defective hard disk.
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