27793
AssignmentMultiple Select

Introduction to Macroeconomics

Question 27793 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

Which of these are among the macroeconomic goals of governments? Check all that apply.steadily increasing the gross domestic productavoiding overspending at all costskeeping citizens employedhelping limit economic growthmanaging prices throughout the economy

Answer
A
steadily increasing the gross domestic product
B
avoiding overspending at all costs
C
keeping citizens employed
D
helping limit economic growth
E
managing prices throughout the economy

Explanation

Governments commonly pursue economic growth, high employment, and stable prices as macroeconomic goals. Steadily increasing gross domestic product supports economic growth, keeping citizens employed supports high employment, and managing prices throughout the economy supports price stability. Avoiding overspending at all costs and limiting economic growth are not standard macroeconomic goals.

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