Possible Macroeconomic Objectives

Question 1

What are the main macroeconomic objectives

Answer 1

Low and stable inflation

Sustained growth of real GDP

Low unemployment/rising employment

Higher average living standards

Balanced Trade on current account

Achieve a more equitable distribution of income and wealth

Balance budget and reduce national debt

Improve economic well being

Environmental sustainability

Improved global competitiveness

Improved access to key public services

Better regional balance in the UK economy