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objectives, macro economics, j - Coggle Diagram
objectives
economic growth
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what is it: percentage change of the amount of goods and services produce by an economy over a period of time
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price stability
maintain a low, stable, and predictable inflation rate, ensuring that the value of money remains relatively constant over time
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inflation
Inflation refers to the rate at which the general level of prices for goods and services in an economy is rising
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redistribution of income
It aims to reduce income inequality by shifting resources from higher-income individuals or groups to lower-income individuals or groups.
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