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Dis 9-Principles of macroeconomics

Dis 9-Principles of macroeconomics

Q In the previous data, we found that the growth of GDP was not so fast as compared to the previous years. The prices of the goods and services that we ought to buy are going on increasing over the period and thus causing people more difficult in terms of the purchasing power.

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After studying the figures of GDP in the previous class, we can say that there will be decrease in the spending of the consumer and thus the prices will be going to fall definitely over the years. Thus it would turn to be efficient for the buyers because they will be willing to take the prices of the goods at a much low price. If an economy seems to be much less efficient then there will be more occurrence of unemployment in the economy. But it has been revealed from a report that there has occurred a gradual rise in prices. Thus there will also be a rise in CPI. In this kind of phase, where the economy is facing unemployment and