Question

What are the three goals of an economy?

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a.

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b.

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c.

Answer 1

the three main goals of an economy are

1) stable prices

2)full employment

3)economic growth and fair distribution of income.

any economy wants to achieve these 3 goals to be in a better position. stable prices or non inflationary situation promotes real economic growth, full employment or low unemployment generates more income and output then economic growth is a process that shouldnot stop and the distribution of income in the economy should be fair to promote further development.