objectives Flashcards

1
Q

what are the 5 main macro objectives

A
full employment
price stability 
fair dist of income and wealth 
bop 
econ growth
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2
Q

what is a policy objective

A

a target or goal that policy-makers aim to ‘hit’.

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3
Q

what is policy instrument

A

a tool or set of tools used to try to achieve a policy objective.

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