Tag: economic growth

Fiscal Policy Explained: Government Budgets, Taxes, & Spending

You’ve landed on the right page, because we’re about to demystify Fiscal Policy. While “Fiscal Policy” might sound

You know how your phone has an “airplane mode” to keep things from going haywire? Well, economies have

Let’s be honest: many people hear the word “Macroeconomics” and immediately look for the nearest exit—or a very

Ever stared blankly at a news headline about “economic growth” or “inflation” and felt like you needed a

The primary macroeconomic objectives of government policy are to achieve price stability, low unemployment, and sustainable economic growth.

Potential growth is the sustainable, long-run increase in an economy’s maximum output capacity, driven by improvements in the

Actual growth is the short-term percentage change in a country’s real GDP, driven by an increase in aggregate

Economic growth refers to an increase in the production of goods and services over time, often measured by

Net National Income (NNI) is an important economic indicator in macroeconomics, measuring the total income earned by a

Gross National Income (GNI) measures the total income earned by a country’s residents from both domestic and international