Macroeconomic Objectives

Question 1

What are the macro economic objectives

Answer 1

• economic growth -> strong sustained and sustainable
• inflation -> low and stable rate of inflation
• employment -> low unemployment and full employment
  -trade -> balanced
• distribution of income -> fair

Question 2

What is the target inflation rate for the uk

Answer 2

2% (+/- 1%)

Question 3

What are some non core objectives

Answer 3

• environmental sustainability
• productivity growth
• sound government finances

Question 4

What is tigers

Answer 4

Trade
Inflation
Growth
Employment
Resdistribution of income
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