There are three goals of macroeconomic policy Minimize unemp

There are three goals of macroeconomic policy:

Minimize unemployment

Minimize inflation

Maximize economic growth

Obviously, these goals have elements that conflict with one another. Which do you think we are doing the best job of accomplishing in the U.S. currently, and which do you think should receive greater priority? Explain, and cite relevant statistics on the economy’s performance where possible.

Solution

Maximising economic growth leads to job creation and employment so i feel Maximising economic growth to mnimise uneployment is the best method to boost in USA. Low inflation rates leads to lower interest rates which leads to higher economic growth.

India is growing at 7 plus percent this year and one of fastewst growing economies in world.In september 2015 US economy grew by 3.07 % and is a good sign.

Minimum inflation,low unemployment and high growth rate is sign of robust economy.

There are three goals of macroeconomic policy: Minimize unemployment Minimize inflation Maximize economic growth Obviously, these goals have elements that confl

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