• SAT
College

Which phrase best completes the diagram?

Macroeconomic goals for a society:
- Economic growth
- Full employment

Answer :

The phrase best completes the diagram "Macroeconomic Goals for a Society" is "Stable prices, Economic growth, Full employment, and Per capita GDP." (Option B)

The diagram is outlining the macroeconomic goals for a society, which are:

  • Stable prices (low inflation)
  • Economic growth (increase in GDP)
  • Full employment (low unemployment)
  • Per capita GDP (increase in GDP per person)

It is to be noted therefore, that these goals are the key objectives of a macroeconomic policy, aiming to promote a stable and prosperous economy.

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