Economic objectives of the UK Government

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  • Created by: _lakmini
  • Created on: 25-11-12 21:08
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  • Economic Objectives of the UK Government
    • Economic Growth
      • This looks at how fast national income grows over a period of time- usually a year.
        • The government wants this to be high as high growth adds to national income,
          • High national income leads to higher incomes and a better standard of living for the population.
        • It shouldn't be too high because high growth can produce high customer spending.
          • High consumer spending can lead to inflation.

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