fixed targets

Fixed targetsclick for a larger image
Fig. 73 Fixed targets. The Phillips curve shows that as unemployment (U) falls, inflation (I) increases, and vice-versa. The Phillips curve is drawn as P. Ideally, the authorities would like the economy to be at the origin, point O, for here full employment and complete price stability are simultaneously attained. The Phillips curve, however, sets a limit to the combinations of U and I which can be achieved in practice. Given this constraint, the task of the authorities is to specify ‘acceptable’ target values for the two objectives. They could, for example, set a fixed target value on unemployment at 6% and a target value for inflation at 8%, or, alternatively, a lower value for I and a higher value for U.

fixed targets

an approach to macroeconomic policy that sets specific target values in respect of the objectives of FULL EMPLOYMENT, PRICE STABILITY, ECONOMIC GROWTH and BALANCE OF PAYMENTS EQUILIBRIUM:

The essence of this approach can be illustrated, to simplify matters, by reference to the PHILLIPS CURVE ‘trade-off between unemployment and inflation illustrated in Fig. 73. See MACROECONOMIC POLICY, OPTIMIZING.

References in periodicals archive ?
" "The operation has helped to end the plan to target a number of areas west of Anbar, such as Qaim and Akashat," Musleh said, adding that "the operation achieved its goals, especially with the existence of mobile and fixed targets in the region." "The operation will continue until the end of the existence of Daesh terrorist cells."/ End
Besides, they also presented a number of scenarios that included some field exercises for rapid intervention, aerial landing and shooting at fixed targets. The courses included Security and Protection of Founding Persons, the Self-Defense Course, Anti-Terrorism Course, Foundational Explosives Course, Quick Intervention Course and Qualifying Agents Course.
It may be recalled that cotton crop had been sown over 2.69 million hectares of land as against the fixed targets of 2.95 million hectares in order to produce over 14.37 million cotton bales during the crop season 2018-19.
Under POSHAN Abhiyaan, the Government has fixed targets to reduce stunting, under-nutrition, anemia (among young children, women and adolescent girls) and reduce low birth weight by 2%, 2%, 3% and 2% per annum respectively.
He mentioned that all government officers worked diligently to achieve the fixed targets including holding of free, fair and transparent elections.
CS Durrani mentioned that all government officers worked diligently to achieve the fixed targets including the holding of free, fair and transparent elections.
Among the tank's features, Dehqan enumerated its electro-optical fire control system, laser-aided distance measurement capability, and the capability to strike either mobile or fixed targets in both nighttime and daytime.
Among the tank's features, Dehqan enumerated its electro-optical fire control system, laser-aided distance measurement capability and the capability to strike either mobile or fixed targets in both nighttime and daytime.
It is imperative to achieve the fixed targets within the stipulated period of time to provide people with quality education and healthcare, he expressed adding that health, education and the provision of clean drinking water are the government's priorities.
Tanks are scored by how fast and how well they fire at moving and fixed targets, as well as their skill in avoiding obstacles.
He said the RCB has fixed targets for the contractor as well.
Released from an F/A-18 Super Hornet, the two Mk-82 (500-lb.) inert warheads, fitted with Dual Mode Plus guidance kits, impacted fixed targets well within operational performance requirements.