8 Economic Goals

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8. Balance of Trade

Trade between countries should be equal

1. Economic Growth

3% annual growth will increase our standard of living

2. Full Employment

About 95-96% employment is full employment

5. Equitable Distribution of Income

One group shouldnt have extreme luxury while another is in stark poverty

7. Economic Security

Provision should be made for the disabled

3. Economic Efficiency

Resources are scarce = must be used wisely

4. Price Level Stability

Sizable inflation or deflation should be avoided

6. Economic Freedom

You make your own economic choices


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