what is economic issue
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Economic issues facing the world economy, as well as regions and countries, include prospects for growth, inflation, energy and the environment, inequality, labor issues, emerging markets, and the impact of new technologies
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This question is economic s
fundamental economic problem is related to the issue of scarcity. Because of limited resources and infinite demands, society needs to determine how to produce and distribute these relatively scarce resources.
also identifies causes of deficit in balance of payment and suggests measures for the same. It helps to solve economic problems like poverty, unemployment, inflation, deflation etc. The solution for such macroeconomic problem is possible at macro level only.
fundamental economic problem is related to the issue of scarcity. Because of limited resources and infinite demands, society needs to determine how to produce and distribute these relatively scarce resources.
also identifies causes of deficit in balance of payment and suggests measures for the same. It helps to solve economic problems like poverty, unemployment, inflation, deflation etc. The solution for such macroeconomic problem is possible at macro level only.
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