Fluctuations in Economic Performance Is One of the Two Basic

question 150

Multiple Choice

Fluctuations in economic performance is one of the two basic issues of macroeconomics. The other is

• A) tracking unemployment.
• B) keeping interest rates in check.
• C) long-run economic growth.
• D) monitoring inflation rates.

---

Definitions:

Semiperiphery

Countries that occupy an intermediate position in the global economic system, neither fully developed nor among the least developed.

Periphery

In the context of world systems theory, refers to countries that are less developed, often exploited for their resources by more developed core countries, and have weaker economic and political systems.

Population Growth

Population growth refers to the increase in the number of individuals in a population, often measured by the natural rate of birth minus deaths, as well as migration factors.

Economic Development

The process by which the overall health, well-being, and academic level of a nation or region is improved through industrial, political, and social changes.