Governments have several important macroeconomic goals, including ensuring economic growth, keeping prices stable, and reaching full employment. They track their progress toward these goals using important measures.

Check Your Understanding: What is macroeconomics?

A. The branch of economics that studies inflation
B. The branch of economics that studies the entire economy of a nation
C. A country's unemployment rate
D. A country's achievement of full employment

Macroeconomics is the branch of economics that studies the entire economy of a nation. Governments use macroeconomic policies to pursue goals like economic growth, stable prices, and full employment.

Explanation:

Macroeconomics is the branch of economics that studies the entire economy of a nation. It focuses on analyzing factors like economic growth, inflation, unemployment, and other macroeconomic indicators.

Governments use macroeconomic policies, such as fiscal policy and monetary policy, to pursue important goals like ensuring economic growth, stable prices, and full employment. These policies are implemented by the central bank and legislative bodies of a country.