Question

the three main goals of macrmacroeconomic policy are to achieve higheconomic growth, low employment and low inflation. can these three policies be achieved simultaneously? if yes or no briefly explain

Answer 1

Yes, all the three can be simultaneously achieved. Consider there's a liberal foreign policy which gets to attract the investors from the foreign countries as well as domestic countries to invest here and with this, the employment will rise and unemployment problem comes down and more amount of productivity takes place and this results in increase in the economic growth of a country with which the value of the currency increases in the foreign market with which inflation reduces on the whole. Therefore in this way, all three can be achieved simultaneously