Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
Textbook Question
Chapter 1, Problem 23CTQ

A balanced federal budget and a balance of trade are secondary goals of macroeconomics, while growth in the standard of living (for example) is a primary goal. Why do you think that is so?

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A balanced federal budget and a balance of trade are secondary goals of macroeconomics, while growth in the standard of living (for example)
A balanced federal budget and a balance of tradeare secondary goals of macroeconomics, while growthin the standard of living (for example) is a primary goal.Why do you think that is so?
What are the three important macroeconomic goals about which most economists, and society at large, agree?   a. economic growth, zero unemployment, and falling prices   b. economic growth, low unemployment, and a balanced budget   c. economic growth, high employment, and stable prices   d. economic growth, a balanced budget, and balanced international trade

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Principles of Economics 2e

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