Two primary goals for macroeconomists are price stability and:
A)no unemployment.
B)no frictional unemployment.
C)low unemployment.
D)no structural unemployment.

Question

Quizplus · Accepted Answer

While achieving no unemployment would be ideal, it is not realistic nor feasible in any economy. Therefore, macroeconomists typically aim for low unemployment rates that are sustainable. This is because high unemployment rates can lead to negative consequences such as increased inequality, decreased consumer spending, and decreased economic growth. Price stability coupled with low unemployment rates are key indicators of a healthy and sustainable economy.

Two Primary Goals for Macroeconomists Are Price Stability And