macro objectives Flashcards
1
Q
what are the main macroeconomic indicators and their objectives
A
-growth: strong, sustained and sustainable
-unemployment: low unemployment/ full employment
-inflation: low and stable inflation (2% target)
-trade: balance of trade (balanced imports and exports)
-distribution of income: fair
2
Q
non-core macroeconomic objectives
A
-sound government finances
-environmental sustainability
-productivity growth