When the ordinary people of the country are reeling under a relentless yoke of a double digit inflation rate, the finance minister has famously said: “I am not worried about inflation at all†(Oct 17, bdnews24.com). This has bewildered a great many people.
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Although economic growth rate gets undue weight in ordinary discourse, economists usually describe the macroeconomic health of a country by a number of macroeconomic indicators. These include investment, (un)employment, inflation, budget deficit, national debt, balance of payments, and international reserves.
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