ECN 601 Module 6 DQ 2 The text identified three goals of macroeconomic policy


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ECN-601 Module 6 DQ 2

Economics GDP, Unemployment, and Fiscal Policy

The text identified three goals of macroeconomic policy:

  1. Minimize unemployment,

  2. Minimize inflation

  3. Maximize economic growth

Obviously, these goals have elements that conflict with one another. Which do you think we are doing the best job of accomplishing in the U.S. currently, and which do you think should receive greater priority? Explain, and cite relevant statistics on the economys performance where possible.

ECN 601
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  ECN 601 Module 6 DQ 2   The text identified three goals of macroeconomic policy

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Excerpt from file: Ithinkitssafetosaythatnoonereallywantsunemploymentorinflation.Theproblemliesin that,whileonerises,theothertendstofall,leavinguswithoneortheother.Sowhatisagood balanceforAmericanconsumerswhenitcomestotheperilsofinflationandunemployment?

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