Main macroeconomics goals / objectives
are given below:
(i) Output:
The ultimate objective of economic activity is to promote the goods and
services that the population desires. The most comprehensive measure of the
total output is an economy is the gross domestic product (GDP).
(ii) Employment:
Another major macroeconomic goal is low unemployment, high employment of all
the macroeconomic indicators, employment and unemployment are most directly
felt by individuals.
(iii) Price stability:
The third macroeconomic objective is to maintain price stability. This term
means that the overall price level either unchanged or rising very slowly.
(iv) Proper implementation of fiscal and
monetary policy: Through proper implementation of fiscal
and monetary policy macroeconomics can achieve stable prices which is one of
the main objectives of macroeconomics.
(v) To decrease the income in equality:
Macroeconomic works to decrease the income equality.
(vi) To calculate GNP appropriately:
GNP represents the total economic feature of a country it is one of the
objectives of macroeconomic is to calculate GNP appropriately and maximize the
welfare of economy by increasing the value of GNP.
(vii) Export import equilibrium:
In international trade export and import equilibrium and exchange rate
stability are two vital points. So, it is one of the main objectives of
macroeconomics is to keep stability of exchange rate.
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