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Why macro objectives can clash

Why macro objectives can clash

Governments usually want strong growth, low unemployment, low and stable inflation, sound public finances and a sustainable external position. Each goal is desirable, but the policies that improve one target can make another harder to hit.

2.6.4 Conflicts and trade-offs between objectives and policies Lesson

  1. A Level
  2. /Economics
  3. /2.6.4 Conflicts and trade-offs between objectives and policies