The four main macroeconomic aims — growth, low unemployment, price stability and balance of payments — and conflicts between them.
The main objectives
Governments pursue four key macroeconomic objectives:
Economic growth — a rise in real GDP (the value of output) over time.
Low unemployment — most people who want work can find it.
Price stability — low and stable inflation.
Balance of payments stability — avoiding large, persistent current-account deficits.
(Some also aim for a fairer distribution of income and protection of the environment.)
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