2.6.1 Possible Macroeconomic Objectives

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  • Created by: 13clarken
  • Created on: 18-04-19 10:16
Objective 1: ... is an increase in real GDP over a period of time and the Government has set a target of 2-2.5%
Economic Growth
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Objective 2: ... is the lowest number of people who are not in work but actively seeking work. The government target = ...
Low unemployment
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Objective 3: Low and stable rate of ... : It is the general increase in the level of prices. The government target = 2% ... and ... is measured using RPI and CPI
Inflation
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Objective 4: ... equilibrium on current account: The government wants imports and exports to equal with a surplus in services and a deficit in goods
Balance of Payments
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Objective 5: Balanced ... : The Government wants tax revenue and spending to be equal
Government budget
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Objective 6: ... of ... : The government wants there to be a reduction in the amount of CO2 emissions and have start charging cars that go into cities
Protection Environment
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Objective 7: Greater ... : The aim is to keep as many people as possible out of poverty
Income equality
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Other cards in this set

Card 2

Front

Objective 2: ... is the lowest number of people who are not in work but actively seeking work. The government target = ...

Back

Low unemployment

Card 3

Front

Objective 3: Low and stable rate of ... : It is the general increase in the level of prices. The government target = 2% ... and ... is measured using RPI and CPI

Back

Preview of the front of card 3

Card 4

Front

Objective 4: ... equilibrium on current account: The government wants imports and exports to equal with a surplus in services and a deficit in goods

Back

Preview of the front of card 4

Card 5

Front

Objective 5: Balanced ... : The Government wants tax revenue and spending to be equal

Back

Preview of the front of card 5
View more cards

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