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Cambridge IGCSE Economics practice

Paper 2 structured question: The macroeconomic aims of government

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The macroeconomic aims of government

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Paper 2Structured Questions3 marks

Discuss the importance of macroeconomic goals.

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Importance of Macroeconomic Goals

Macroeconomic goals guide government policies and impact economic performance.

  1. a

    Explain the significance of maintaining stable prices

    Aim for approximately 3 distinct marking points.

    [3]

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Paper 2 structured question: The macroeconomic aims of government

Paper 2Structured Questions1 marks

Description

Macroeconomic Goals

Governments aim to achieve economic growth, full employment, price stability, balance of payments stability, and income redistribution.

  1. a

    State one macroeconomic goal of governments

    Aim for approximately 1 distinct marking point.

    [1]