New Dimension in the Macroeconomics Variables Homework Help!
Macroeconomics is the study of government policies, which controls and stabilizes the economy over a period of time to bring down the fluctuations in the economy. If you are looking for The Macroeconomic Variables Homework Help, you first need to know what the key macroeconomics variables are.
Key Variables:
1. Unemployment: The rate of unemployment is determined by the percentage of people who are not working currently but seeking employment. Unemployment could be of seasonal, structural, frictional or cyclical.
2. Income: Income or economic output is measured in terms of gross domestic product. The higher the rate, the more economically solvent a country is.
3. Inflation Rate: To measure changes in the price level, inflation rate is used. An increasing CPI would indicate inflation.
4. Interest Rate: Increase or decrease in the interest rates depends upon the market conditions. If consumer buying capacity needs to be stimulated then generally the interest rates are reduced.
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