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  • Factors That Must Be Considered in Determining The Healthy Unemployment Rate Are

    Загружено:

    Ria Dumapias
    2 просмотров1 страница
    The document discusses fiscal and monetary policy in China. Fiscal policy set by the government aims to be proactively expansionary to stimulate domestic demand. Monetary policy set by the central bank aims to be prudently expansionary to maintain price stability. A healthy unemployment rate for China is considered to be 4%, as determined by factors such as population, labor force, labor force participation, total unemployed, and unemployment rate.

    Исходное описание:

    econ

    Оригинальное название

    Fiscal Policy

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    The document discusses fiscal and monetary policy in China. Fiscal policy set by the government aims to be proactively expansionary to stimulate domestic demand. Monetary policy set by the central bank aims to be prudently expansionary to maintain price stability. A healthy unemployment rate for China is considered to be 4%, as determined by factors such as population, labor force, labor force participation, total unemployed, and unemployment rate.

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    2 просмотров1 страница

    Factors That Must Be Considered in Determining The Healthy Unemployment Rate Are

    Загружено:

    Ria Dumapias
    The document discusses fiscal and monetary policy in China. Fiscal policy set by the government aims to be proactively expansionary to stimulate domestic demand. Monetary policy set by the central bank aims to be prudently expansionary to maintain price stability. A healthy unemployment rate for China is considered to be 4%, as determined by factors such as population, labor force, labor force participation, total unemployed, and unemployment rate.

    Авторское право:

    © All Rights Reserved
    Скачайте в формате DOCX, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    Fiscal policy

    Set by government of China primarily parliament

    Proactive fiscal policy is officially what the government is supporting

    This can be translated as a moderate expansionary policy that creates


    demand and stimulates the economy primarily by expanding domestic
    demand
    Monetary Policy
    Set by Peoples Bank of China

    Prudent monetary policy

    The goal of a prudent monetary policy is to maintain price stability, as it


    usually means a relatively expansionary monetary policy when the economy
    turns sluggish or a relatively tight monetary policy when the economy shows
    signs of expanding too quickly
    Factors that must be considered in determining the healthy
    unemployment rate are:
    Population

    Labor Force

    Labor Force Participation Rate

    Total Unemployed

    Unemployment Rate

    Healthy unemployment rate for China is 4%

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