Economics 0455 · IGCSE · The macroeconomic aims of government

The macroeconomic aims of government — practice question

While a government is attempting to meet one of its aims, it may make it harder to meet a different aim. What is one example of this conflict?

  • AAchieving a more even distribution of income may prevent a rise in the average standard of living.
  • BAchieving an increase in economic growth may prevent full employment.
  • CAchieving full employment may prevent stable prices.
  • DAchieving stable prices may prevent a current account surplus on the balance of payments.

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI