Macro Objectives Flashcards
1
Q
What are the macro indicators
A
Growth
Unemployment
Inflation
Trade
Distribution of income
2
Q
What is the macro objectives for growth
A
Strong
Sustained
Sustainable
3
Q
What is the macro objective for unemployment
A
Low unemployment
Full employment
4
Q
What is the macro objective for inflation
A
Low
Stable
Around 2%
5
Q
What is the macro objective for trade
A
Balanced
6
Q
What is the macro objective for the distribution of income
A
‘Fair’
7
Q
What are non-core objectives
A
Sound government finances
Environmental sustainability
Productivity growth
8
Q
If all objectives are being achieved what will the condition of the economy be like
A
Stable
