Government's main objectives Flashcards

1
Q

UK Government’s main objective - macro

A
  1. Low and steady inflation (UK: 2% +- 1%, eurozone: <2%)
  2. Low unemployment
  3. Sustainable economic growth
  4. Satisfactory balance of payments position (X-M)
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2
Q

UK Government’s objectives extra (more minor)

A
  1. Environment
  2. Balanced Budget position
  3. Distribution of income and wealth
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