traditional gov viewpoint Flashcards
1
Q
what is the role of the gov.?
A
maximise dimensions of living standards (material and non material)
2
Q
3 goals of the gov
A
- promoting sustainable economic growth
- promoting employment opportunities
- keeping inflation to a minimum (but not 0)
3
Q
maximising material standards by
A
increasing peoples access to g/s measured real GDP/capita
4
Q
maximising non-material standards by
A
achieving the following:
Reducing traffic congestion
Improving air quality
Raising literacy and numeracy
Increasing life expectancy
Cleaning up waterways
Lifting general levels of happiness
Lowering crime rates
and others