• Zero Inflation Policy Unemployment Monetary
    4,342 words
    Introduction Hyper inflation has plagued most of the worlds developing countries over the past decades. Countries in the industrialised world, too, have at times dulled with dangerously high inflation rates in the post WWII era. With varying degrees of success, all have employed great efforts to bring their inflation rates within acceptable limits. Generally, a moderate rate of inflation has been the ultimate goal. More recently, however, a few countries have pursued policies that strive to era...
  • Economic Inflation In Australia
    1,090 words
    ECONOMIC OBJECTIVES - INFLATION Inflation is a rise in the general level of prices of commodities. Inflation is a major economic issue in Australia, and is one which requires stable management for durable and long-term improvements. Low inflation and steady economic growth; have emerged as outstanding economic achievements this decade. Along with unemployment, economic growth and external viability; inflation acts a major economic indicator, illustrating the strength and stability of our economy...
  • Conflicting Goals In Economic Growth
    909 words
    Conflicting Goals in Economic Growth Goals of monetary policy are to 'promote maximum employment, inflation (stabilizing prices), and economic growth.' If economists believe it's possible to achieve all the goals at once, the goals are inconsistent. There are limitations to monetary policy. The term 'maximum employment' means that we should try to hold the unemployment rate as low as possible without pushing it below what economists call the natural rate or the full- employment rate. Pushing une...
  • Canadas Economy In 1996
    1,413 words
    Canada's Economy in 1996 To investigate the state of the Canadian economy, it is very useful to track Canada's six major economic goals: economic growth, economic stability, economic efficiency, economic equity, viable balance of payments, and low unemployment. At a given time, Canada is achieving some of these goals while falling behind on some of the others. When taken all into consideration, these goals give an indication of how well Canada has been doing and the stage of the business cycle t...
  • Unemployment Australian Economy
    1,342 words
    The three main economic issues facing Australian government include: economic growth, unemployment and inflation. To understand Australian recent performance, the measurement, trends, causes and effects will be analyzed in each issue. Meanwhile, the influence of the global economy and the interaction amongst these three issues will be also discussed. Economic Growth (EG) EG can be defined as the increase in the volume of goods and services (G & S) that an economy can produce over a period of tim...