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SingaporeEconomicsQuick questions

National Income and Macroeconomic Aims

Quick questions on Macroeconomic aims and trade-offs explained: H2 Economics

4short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What are the macroeconomic aims?
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Governments typically pursue five aims:
What is q1?
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State four macroeconomic aims. [2 marks]
What is q2?
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Explain the conflict between growth and the balance of payments. [3 marks]
What is q3?
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Explain how supply-side policy can ease the conflict between growth and inflation. [3 marks]

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