High School

Which of the following does not reflect a goal of macroeconomic policy?

A. High rates of inflation
B. Lower unemployment
C. Perfect competition in markets
D. Low rates of inflation

Answer :

Final answer:

Perfect competition in markets does not reflect a goal of macroeconomic policy.

Explanation:

The goal of macroeconomic policy is to achieve economic growth, low unemployment, and low inflation. Perfect competition in markets is not directly related to macroeconomic policy goals, but rather a characteristic of a competitive market. Therefore, the correct answer is c) Perfect competition in markets does not reflect a goal of macroeconomic policy.

Macroeconomic policy is concerned with the operation of the economy as a whole. In broad terms, the goal of macroeconomic policy is to provide a stable economic environment that is conducive to fostering strong and sustainable economic growth, on which the creation of jobs, wealth and improved living standards depend.