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Economics Theme 2 Macro > Macroeconomic Objectives > Flashcards

Macroeconomic Objectives Flashcards

1
Q

What is the acronym for the core macro objectives?

A

TIGERS

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2
Q

What is the objective for economic growth?

A

Strong, sustainable and stable growth that the country can keep up with

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3
Q

What is the objective for inflation?

A

Low and stable 2%

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4
Q

What is the objective for trade?

A

Balanced

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5
Q

What is the objective for income?

A

Fair

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6
Q

What is the objective for Employment?

A

Full employment

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7
Q

What is the objective for environment?

A

Protect the environment

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8
Q

What is the objective for balance of payments?

A

Equilibrium

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9
Q

What is the objective for government budget?

A

A balanced government budget

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Economics Theme 2 Macro (9 decks)

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