congratzz cute chandni

[CEO1]

Re: congratzz cute chandni

@Cute_Chandni

I dono objective, I know definition: It studies the behavious of broad economic aggregates. Income and employment theory.

@Cute_Chandni

We havent learned Phillips curve, we’ve covered GDP, Inflation deflation, aggregate demand/supply, Laffer curve and real business cycle

1. Low inflation, low unemployment, high/steady growth and positive b of p.
   I+G+C+NX= AD

2. A mixture of Fiscal, monetary and supply side polices. These are the 3 most important.

3. The Phillips curve is the inverse relationship of the rate of unemployment and rate of inflation in the economy.