Question
1. Maintaining stable and sustainable economic growth 2. Reducing the level of unemployment and putting in place policies to maintain an acceptable level of unemployment
1. Maintaining stable and sustainable economic growth
2. Reducing the level of unemployment and putting in place policies to maintain an acceptable level of unemployment
3. Maintaining an acceptable level of inflation
4. Maintaining acceptable balance of payments and exchange rates.
Choose TWO of the four macroeconomic objectives studied and:
State why governments / decision makers try to achieve the TWO macroeconomic objectives
Identify key problems which may be encountered when attempting to balance these two objectives
Evaluate the macroeconomic measures, employing fiscal and/or monetary policies, which could be taken to balance these two objectives.
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