In a closed economy which of the following is not a macroeconomic objective?
A)national income growth
B)price level stability
C)bop stability
D)employment

Question

Quizplus · Accepted Answer

In a closed economy, there is no trade with other countries, so balance of payments (bop) stability is not a relevant macroeconomic objective. National income growth, price level stability, and employment are common objectives in both open and closed economies.

In a Closed Economy Which of the Following Is Not