High School

Individuals within a society may differ considerably in their evaluation of the relative ________ of certain issues. Thus, macroeconomic ________ are not absolute and tend to differ across societies.
a. importance; goals
b. cost; goals
c. importance; conditions
d. understanding; costs

Answer :

a. importance; goals . Individuals within a society may differ considerably in their evaluation of the relative importance of certain issues. Thus, macroeconomic goals are not absolute and tend to differ across societies.

This question touches on the sociological differences in how societies value different macroeconomic outcomes. For instance, economic efficiency, freedom, security, equity, and growth are common goals, but different societies weigh these goals differently based on their specific needs and priorities.

This reflects that macroeconomic policies are tailored to a society’s contextual values and what it considers most critical for stability and growth.