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The big picture

The big picture

Flowchart of government economic objectives showing expansionary policy boosting growth and employment but risking inflation and imports, and higher interest rates improving price stability while slowing growth and employment Macroeconomics looks at the economy as a whole: output, employment, prices and trade. Governments set economic objectives because these conditions affect households, firms and public services.

Economic objectives of the government Lesson

  1. GCSE
  2. /Economics
  3. /Economic objectives of the government