Macroeconomic policy is concerned with the operation of the economy as a whole. In broad terms, the goal of macroeconomic policy is to provide a stable economic environment that is conducive to fostering strong and sustainable economic growth, on which the creation of jobs, wealth and improved living standards depend. ?" https://www.aph.gov.au/About_Parliament/Parliamentary Departments/Parliamentary Library/pubs/BriefingBook44p/ Which one of the following is NOT an objective of macroeconomic policy? O A. To reduce unemployment. B. To stabilise the price of maize. O C. To bring or keep inflation under control. O D. To increase the rate of economic growth.

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter12: Fiscal Policy, Incentives, And Secondary Effects
Section: Chapter Questions
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Macroeconomic policy is concerned with the operation of the economy as a whole. In broad terms, the goal of
macroeconomic policy is to provide a stable economic environment that is conducive to fostering strong and
sustainable economic growth, on which the creation of jobs, wealth and improved living standards depend. ?"
https://www.aph.gov.au/About Parliament/Parliamentary Departments/Parliamentary Library/pubs/BriefingBook44p/
Which one of the following is NOT an objective of macroeconomic policy?
A. To reduce unemployment.
O B. To stabilise the price of maize.
O C. To bring or keep inflation under control.
O D. To increase the rate of economic growth.
Transcribed Image Text:Macroeconomic policy is concerned with the operation of the economy as a whole. In broad terms, the goal of macroeconomic policy is to provide a stable economic environment that is conducive to fostering strong and sustainable economic growth, on which the creation of jobs, wealth and improved living standards depend. ?" https://www.aph.gov.au/About Parliament/Parliamentary Departments/Parliamentary Library/pubs/BriefingBook44p/ Which one of the following is NOT an objective of macroeconomic policy? A. To reduce unemployment. O B. To stabilise the price of maize. O C. To bring or keep inflation under control. O D. To increase the rate of economic growth.
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