Question

Select all the correct answers. which of the following statements are true? economic stability means fair distribution of goods in an economy. full employment is a macroeconomic goal. inflation is a fall in the prices of goods and services. inflation is a rise in the prices of goods and services. microeconomics studies the economy as a whole.

Answer 1

The goals of macroeconomics are economic growth, full employment, and price stability. Options 2 and 4 are True.

What are the objectives of macroeconomics?

The majority of other countries have three main macroeconomic objectives: economic growth, full employment, and price stability. The economic well-being of a country is dependent on carefully defining these goals and selecting the best economic policies to achieve them.

• A macroeconomic goal is full employment. True
• Inflation is defined as an increase in the prices of goods and services. True

Therefore, options 2 and 4 are true.

Learn more about the objectives of macroeconomics here:

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