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4.2.1 - The macroeconomic aims of government

Unit 4.2.1 - The macroeconomic aims of governmentThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the following macroeconomic aims of a government: (1) economic growth, (2) full employment/low unemployment, (3) stable prices/low inflation, (4) balance of payments stability, and (5) redistribution of income.Students also need to understand the reasons behind the choice of macroeconomic...

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