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What are economic variables?

Updated: 8/23/2023
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8y ago

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from the perspective of:

  • statistics
  • ** GDP (PPP, official exchange rates, real growth, per capita, by sector...)
    • labor force
    • unemployment rate
    • population below poverty line
    • average household income
    • inflation rate
    • state budget
    • imports
    • exports
    • production and consumtion of substational commodities
    • national debts
  • system dynamics
  • ** the above, plus all measurable variables potent of causing relations and feedbacks.
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8y ago
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13y ago

All countries have macro economic objectives. The five that I know are :

- reduce unemployment

- increase the country's ecomic growth

- control inflation

- increase a coutry's balance of payment on current account

- protect the environment

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14y ago

Insertion at the specific position

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