3.4 Policy Conflicts Flashcards

1
Q

What are the potential conflicts and trade-off between the macroeconomic objectives: Economic growth and inflation

A
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2
Q

What are the potential conflicts and trade-off between the macroeconomic objectives: Economic growth and the current account

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3
Q

What are the potential conflicts and trade-off between the macroeconomic objectives: Economic growth and the government budget deficit

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4
Q

What are the potential conflicts and trade-off between the macroeconomic objectives: Economic growth and the environment

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5
Q

What are the potential conflicts and trade-off between the macroeconomic objectives: Unemployment and inflation

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6
Q

What is meant by the potential policy conflicts and trade-offs

A

This occurs when one macroeconomic policy has a larger impact than another, which conflicts with the other policy or reduces its effectiveness

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7
Q

What are the potential policy conflicts and trade-odds between: The environment and Competitiveness

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8
Q

What are the potential policy conflicts and trade-odds between: Progressive taxes and Inflation

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9
Q

What are the potential policy conflicts and trade-odds between: Fiscal and Monetary policy

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10
Q

What are the potential policy conflicts and trade-odds between: Interest rates and inequality

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