High School

There are different economic goals, but the major macroeconomic goal of nearly every society is:

A. Maintaining stability of prices.
B. Maintaining high levels of employment.
C. Achieving high rates of economic growth.
D. All of the above.

Answer :

Final answer:

The major macroeconomic goal of nearly every society is to maintain stability of prices, maintain high levels of employment, and achieve high rates of economic growth and hence all of the above is the answer.

Explanation:

In economics, societies have different economic goals, but one of the major macroeconomic goals that nearly every society aims for is maintaining stability of prices. This goal involves keeping inflation under control and avoiding rapid price increases. When prices are stable, it allows individuals and businesses to plan their finances more effectively and reduces uncertainty in the economy.

Another major macroeconomic goal is maintaining high levels of employment. This means ensuring that a significant portion of the population has access to productive and meaningful work. High employment levels contribute to economic stability and social well-being.

Achieving high rates of economic growth is also a key goal for societies. Economic growth refers to an increase in the production of goods and services over time. It leads to higher standards of living, improved infrastructure, and increased opportunities for individuals and businesses.

Therefore, the correct answer is all of the above, as maintaining stability of prices, maintaining high levels of employment, and achieving high rates of economic growth are all major macroeconomic goals.

Learn more about major macroeconomic goals here:

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