Economics Through Everyday Life: From China and Chili Dogs to Marx and Marijuana by Anthony Clark PhD
Author:Anthony Clark PhD [Clark PhD, Anthony]
Language: eng
Format: epub
Publisher: Zephyros Press
Published: 2016-06-20T21:00:00+00:00
INDICATORS OF ECONOMIC HEALTH
Most news related to the macroeconomy is focused on indicators of economic health. Four indicators in particular are closely followed:
• Rate of economic growth
• Unemployment rate
• Rate of inflation
• Interest rate
If we know the status of these four basic indicators for a nation, then we know a lot about the state of that nation’s economy.
Shifts in oil prices, while industry-specific, also have a macroeconomic impact because so many other markets are dependent on oil.
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