A conflict between macroeconomic policy objectives can arise because
expansionary monetary policy aimed at reducing unemployment will always lower the rate of inflation.
policies designed to promote rapid economic growth may lead to an increase in imports, worsening the balance of payments on current account.
contractionary fiscal policy aimed at reducing a budget deficit will simultaneously increase aggregate demand.
supply-side policies cannot be implemented at the same time as monetary policies.
327 exam-style questions on AQA A Level Economics 2.3 Economic performance, covering 2.3.1 Economic growth and the economic cycle, 2.3.2 Employment and unemployment, 2.3.3 Inflation and deflation, and 2.3.4 Possible conflicts between macroeconomic policy objectives. Each one has a worked solution and a mark scheme showing where the marks go.