Gov Policy Objectives Flashcards

1
Q

What is Policy objectives

A

A target or goal that policy makers aim to hit

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2
Q

What is policy instrument

A

tools that are used to try to achieve a policy objective

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3
Q

What is balance of payments (BOP)

A

The difference between the value of exports and imports

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4
Q

what is economic stability

A

Trying to ensure that GDP doesn’t go up and down too much

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