Answer to Question #2712 in Macroeconomics for auroobirshad
achieve the goals of full employment, stability, and economic growth.
Unemployment results when the goal of full employment is not achieved. Inflation
exists when the economy falls short of the stability goal. These problems are
caused by too little or too much demand for gross production. Unemployment
results from too little demand and inflation emerges with too much demand.
Stagnant growth means the economy is not adequately attaining the economic
growth goal. Each of these situations is problematic because society is less
well off than it would be by reaching the goals.
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