College

Which of the items below are the most common macroeconomic policy goals? Categorize each item based on whether or not it is a primary goal of macroeconomic policy.

**Primary macroeconomic policy goal:**
- Low unemployment
- Growth in the standard of living
- Low inflation

**Not a primary goal:**
- Help set the optimal price for a pound of peaches at the local grocery store
- Calculate how much urban residents are willing to pay to protect biodiversity
- Eliminating political conflict

Answer :

Macroeconomics deals with issues, goals, and policies that affect the entire economy. All economic analysis relating to aggregates is macro. UK unemployment rate, inflation rate, and UK economic growth; are all UK aggregates and therefore macro issues.

The main objectives are:

  1. Full employment
  2. Price stability Rapid but sustainable
  3. Economic growth Payment picture.

The goal of full-time employment is practically written in history books. Thus, "full employment does not mean that everyone has a job". Even in the era of full employment in the 1950s, there were still 300,000 unemployed. The main goals of macroeconomics are stable economic growth and maximization of the standard of living.

To know more about Macroeconomics:

https://brainly.com/question/28489802

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