The Key Concepts - Deepstash
The Key Concepts

The Key Concepts

GDP(Gross Domestic Product): The total value of goods and services produced by a country.

Unemployment Rate: The percentage of people who want a job but can't find one.

Inflation: The rate at which prices for goods and services rise.

Fiscal Policy: Government decisions about spending and taxation.

Monetary Policy: Central bank actions that control the money supply and interest rate.

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zwokey

Economics and politics student from Germany. Interested in a broad field of topics and trying to easily break down topics from his studies to everyone.

In this post i want to give you a short overview of the very broad topic of macroeconomics. Why is it important? How does it work? Why does it work and sometimes not? What are the key concepts?

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