8 Economic Goals
Ace your homework & exams now with Quizwiz!
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
