Which phrase best completes the diagram?
Macroeconomic Goals for a Society
?
Economic growth
Full employment
O A. Decreased production
B. Stable prices
O C. Increased inflation
O D. Per capita GDP

Which phrase best completes the diagram Macroeconomic Goals for a Society Economic growth Full employment O A Decreased production B Stable prices O C Increased class=

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Answer:

B. Stable Prices

Explanation:

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The phrase that best completes the diagram of Macroeconomic Goals for a Society is B. Stable prices.

  • The three macroeconomic goals of full employment, stability, and economic growth are commonly regarded as desirable and worthwhile.
  • Each aim, when achieved, increases society's overall well-being.
  • More employment is usually preferable to less. Inflation is preferable to stable pricing.
  • Stable prices are the term that best completes the diagram of Macroeconomic Goals for a Society. So, macroeconomic Goals for a Society are as follows:
  1. Stable prices
  2. Economic growth
  3. Full employment

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