Answer :
Final answer:
The main universal goals of macroeconomic policy are growth in standard of living, low unemployment, low inflation, and sustainable balance of trade. These aims ensure a stable national economy that contributes to higher living standards (option a).
Explanation:
Growth in standard of living, low unemployment, low inflation, and a sustainable balance of trade are all characteristics of the main universal goals of macroeconomic policy. Macroeconomic policy is concerned with managing an economy at the large-scale or national level.
Its key aims are to achieve stable economic growth, maintain low unemployment and low inflation, and ensure a sustainable balance of trade, which refers to the balance between a nation’s imports and exports. These factors collectively contribute to improving the overall standard of living in a country.
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