1.6 Government Objectives and Policies Flashcards
1
Q
What are the government’s objectives?
A
- Low unemployment
- Stable Inflation
- Economic Growth
- BOP stability
2
Q
What does government spending do?
A
- Provide Public Services
- Taxation to control spending
3
Q
How can governments affect business activities?
A
- Providing Infrastructure
- Legislations
- Trade Policies (Trade Blocs, Tariffs)
