Government objectives

?
An objective that is viewed as less important in recent years and involves the current account
Ballance Of Payments
1 of 10
Meaning that households have similar incomes
Equitable distrubution of income
2 of 10
This is objective measured usind CPI
price stability
3 of 10
The persistant fall in the price level of goods
deflation
4 of 10
This objective wants to reduce the numer of peopel out of work and is measured using the claimant count
low unemployment
5 of 10
An increase is GDP of a county would cause this objective to be acheived
economic growth
6 of 10
The average _____ _____ of a range of goods and services at a given point of time measures inflation
price level
7 of 10
What percentage does the government aim for inflation annually?
2%
8 of 10
A type of infaltion caused by a lack of supply
cost-push inflation
9 of 10
A type of inflation cause by a unsteady rise in aggregate demand outcomepting the availiabity of aggregate supply
demand-pull inflation
10 of 10

Other cards in this set

Card 2

Front

Meaning that households have similar incomes

Back

Equitable distrubution of income

Card 3

Front

This is objective measured usind CPI

Back

Preview of the front of card 3

Card 4

Front

The persistant fall in the price level of goods

Back

Preview of the front of card 4

Card 5

Front

This objective wants to reduce the numer of peopel out of work and is measured using the claimant count

Back

Preview of the front of card 5
View more cards

Comments

No comments have yet been made

Similar Economics resources:

See all Economics resources »See all Government objectives resources »