Government's main objectives Flashcards
1
Q
UK Government’s main objective - macro
A
- Low and steady inflation (UK: 2% +- 1%, eurozone: <2%)
- Low unemployment
- Sustainable economic growth
- Satisfactory balance of payments position (X-M)
2
Q
UK Government’s objectives extra (more minor)
A
- Environment
- Balanced Budget position
- Distribution of income and wealth