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Macroeconomical Indicators (Nominal GDP (Monetary value of all finished…
Macroeconomical Indicators
Nominal GDP
Monetary value of all finished services and goods produced in a country.
In a specific period of time.
It can be measured in three ways.
Production
Income approach
The expenditure
Inflation
Rate
At which the general level prices
For goods and services. is rrising or falling.
Real GDP
The value of all the goods and services produced by a state.
This price variations and adjusted inflation providing a more precise GDP.
Measured in dollars.
Unemployment
Its when a person is constantly searching job.
Is used to meassure the health of an economy
Balance
Is the record.
Of all international trade and financial transactions
Made by a country
Current Account Balance
It documents a nation's transactions with the rest of the world.
Governmental Budget
The administration of the government of a country.
Of its total resources available to allocate in different sectors.
Exchange rate
Is the rate in which a currency of a country can be exchanged for the currency of another country.
At a determined price.
Monetary policy
Has the actions of a central bank.
Currency board or other regulatory committee that determined the size and rate of growth of the money supply.
This in turn affects interest rates.
Fiscal policy
The means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy,