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- W2375200091 abstract "Price stability, full employment, economic growth, and payment balance are the four major goals to be sought by macro-economic policy makers in the world. Among these four goals, economic growth is ranked in the key position, since price stability and full employment are considered the results of economic growth. The four goals are connected with on another. Price stability and full employment is not only the results of economic growth but also the precondition of sustainable development for the reason that price fluctuation will a psychological effect on investment and consumption which will in turn affect macro economic operations by way of individual behavior. After a comparative analysis of cost of inflation and unemployment, and a psychological analysis of the behavior of economic subjects, it can be concluded that a proportional combination of inflation rate and unemployment rate is the best choice for the policy-makers in China." @default.
- W2375200091 created "2016-06-24" @default.
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- W2375200091 date "2001-01-01" @default.
- W2375200091 modified "2023-09-25" @default.
- W2375200091 title "An ideal combination of the rates of inflation and unemployment" @default.
- W2375200091 hasPublicationYear "2001" @default.
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