The main macro-economic objectives of government are:
• High levels of employment and low levels of unemployment
• High but sustainable rates of economic growth
• Low levels of infl ation. The offi cial target is around 2 percent annual growth in CPI
• A satisfactory balance of payments position. This is one which does not undermine confidence in either the pound or in the competence of the UK government.
Government will have other objectives whose importance may vary over time. These include environmental protection and a more equitable distribution of income and wealth.
lydiajane74 answered the question on July 4, 2018 at 08:21
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