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Economics A Level (DONEEEEEEE)

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Question:

What do Governments try to Aim for in terms of Economics?

Author: eric_galvao



Answer:

-Ultimately it is to Balance the Resources of the Nation to the Needs & Wants of Population - Maximise the Public Interest. These are: Economic Growth, Full Employment, Equilibrium in Balance of Payments and Low Inflation. -However it is important to note that solving One of these Objectives may make another Worse off - More Gov Spending to create Jobs Yay, Inflation may pick up: Nay


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