Macroeconomic Objectives & Policies Flashcards

1
Q

How many macroeconomic objectives are there?

A

7

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2
Q

What are the macroeconomic objectives?

A

1) Economic growth (⬆️ in real GDP)
2) Low/reduction ⬇️ in unemployment
3) Low/control of inflation (2% MPC goal 🥅)
4) Equilibrium in balance of payments on current account (inflows & outflows)
5) Balanced government budget 💰
6) Protection of environment 🌳
7) ⬆️ equal distribution of income

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