Unit 1 Area of Study 1 Lesson 9 Economic Agents - Government

Question 1

The macroeconomic goals which the government attempts to achieve are:

Answer 1

Low inflation, strong and sustainable economic growth and full employment.

Question 1

The traditional aim of the government is to:

Answer 1

Maximise living standards.

Question 2

What is the main tool used by the government to achieve their goals?

Answer 2

Budgetary policy.