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Secondary SchoolEconomy 5+3 pts

Prepare a list of macroeconomic problems of indian economy and comment on them in

brief
Ask for details Follow Report by Nehamaya052 29.09.2017
Answers

vigneshandalamowz98e
Vigneshandalamowz98e Ambitious
In a certain way macroeconomics does helps in achieving the goal of economic
growth, higher level of GDP and higher level of employment. ... 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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1RADHIKAA1
1RADHIKAA1 Brainly Benefactor
HI FRIEND

Macro economic problems of Indian economy are : -

> INFLATION - Inflation is a phenomenon of rising general price levels and reducing
purchasing power.

> INCREASE IN TAXATION - Government can increase various taxes levied on consumers
to reduce the excess money supply in the economy to control the inflation.

> REDUCING GOVERNMENT EXPENDITURE - Government expenditure increases purchasing

power of consumer without increasing output. It should be reduced so that money
supply is decreased and output is increased to control the inflation.

> UNEMPLOYMENT- It refers to a situation when people people willing to work at a

given wage rate cannot find jobs in an economy.

>HIGH PRODUCTION TARGETS - Government should aim for more GDP than the previous
years. The process of increased production naturally calls for more employment for
the people of he country.

> POPULATION - The increasing population is a major macroeconomic problem for any
economy.

> EDUCATION - Education creates awareness among people which makes aware about
their income and living standard.

> AWARNESS REGARDING FAMILY PLANNING - Government can make people aware of the
benefits of family planning to them as well as to the economy.

HOPE IT HELPS
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