The targets for a macro economy that performs well are
A) stable prices.
B) full employment.
C) steady growth in living standards.
D) all of the above.
E) none of the above.

Question

Quizplus · Accepted Answer

The targets for a macro economy that performs well are stable prices, full employment, and steady growth in living standards. All three are important for ensuring economic stability and well-being for individuals and society as a whole. Stable prices help to prevent inflation or deflation, which can harm individuals and the economy. Full employment means that everyone who wants to work is able to find a job, which benefits individuals and the economy by increasing production and spending. Steady growth in living standards means that individuals have access to better goods and services over time, which contributes to overall well-being and happiness.

The Targets for a Macro Economy That Performs Well Are