High School

Of the following scenarios, which does not reflect the goals of macroeconomic policy?

A) Full employment
B) Stable prices
C) High income inequality
D) Economic growth

Answer :

Final answer:

High income inequality does not reflect the goals of macroeconomic policy, which aims for full employment, stable prices, and economic growth.

Explanation:

Among the scenarios provided, C) High income inequality does not reflect the goals of macroeconomic policy. The main objectives of macroeconomic policy are to achieve full employment (A), maintain stable prices (B), and promote economic growth (D). These goals are focused on creating conditions for a satisfying material life for citizens by lowering unemployment, keeping inflation at manageable levels, and enabling economic expansion. High income inequality is not a desired outcome of policy and often indicates a need for policy adjustments to redistribute wealth more evenly and improve overall economic welfare.