MACRO ECONOMICS POLICY OBJECTIVES:
Economic Growth, inflation, Unemployment, The Balance of Payment
Fiscal Policy: On taxation, public borrowing and Public Spending.
Tax: Regression: High Tax on Poor than Rich.
Proportional: Same proportional of all income level.
Progressive: High proportion of high income.
Monetary Policy Objective: Money Supply, Interest Rate, Exchange Rate, Credit Control.
Balance of Payment accounts consists of Current Account with visible and invisible.
Equilibrium : Supply = Demand
Economic Growth, inflation, Unemployment, The Balance of Payment
Fiscal Policy: On taxation, public borrowing and Public Spending.
Tax: Regression: High Tax on Poor than Rich.
Proportional: Same proportional of all income level.
Progressive: High proportion of high income.
Monetary Policy Objective: Money Supply, Interest Rate, Exchange Rate, Credit Control.
Balance of Payment accounts consists of Current Account with visible and invisible.
Equilibrium : Supply = Demand
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