Full employment does not mean that no one is jobless in a country; rather full employment refers to the situation when there is no voluntary unemployment in the country.On the other hand,Inflation means a general increase in price level. Increase in price level results in an unequal and unfavorable distribution of wealth in an economy.
Next is the full employment and price stability.
Just like a building, for ave country to grow, it must have foundation and stability to survive
First to explain to you is the Economic growth
First to explain to you is the Economic growth
Okay Dad! But I am a little bit hungry, can you join me?
I think I am craving a pie and iced coffee, what cha think? Let's go to a cafe?
So dad, what is it you wan to explain to me?
EKONOMIYA CAFE
It is the about the common economic goals that a country should consider to attain the growth, just like those building.
We actually 5 common economic goals. The economic growth,full employment, price stability, balance payment, economic efficiency, economic equity and economic stability. I will explain it one by one.
EKONOMIYACAFE
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