Econ 2101 certification - Study guides, Class notes & Summaries

macroeconomic policiesGovernment actions designed to affect the performance of the economy as a whole economic growtha process of steady increases in the quantity and the quality of the goods and services the economy can produce standard of livingdegree to which people have access to goods and services that make their lives easier, healthier, safer, and more enjoyable main goal of macroeconomicshow to achieve a higher standard of living what is average living standard measured byoutput...

macroeconomic policiesGovernment actions designed to affect the performance of the economy as a whole economic growtha process of steady increases in the quantity and the quality of the goods and services the economy can produce standard of livingdegree to which people have access to goods and services that make their lives easier, healthier, safer, and more enjoyable main goal of macroeconomicshow to achieve a higher standard of living what is average living standard measured byoutput...