- 20 Marks
MFS – APR 2024 – L2 – Q7 – Objectives of Macro-Economic Policy and Their Conflicts
Outline the objectives of macro-economic policy, identify their practical incompatibilities or major conflicts, and recommend a useful procedure for satisfactory attainment.
Question
Assume you have been delegated by the Chief Executive Officer of a Financial Institution to represent her at a seminar where she is to deliver a speech on the topic: “Though the objectives of Macro-Economic Policy are logically consistent, they are unattainable simultaneously”. Outline such objectives and identify their practical incompatibility or major conflicts. Recommend a useful procedure towards a satisfactory attainment of the goals of Macro-Economic Policy.
Find Related Questions by Tags, levels, etc.
- Tags: attainment, Conflicts, logical consistency, macro-economic policy, Objectives, procedure, unattainability
- Level: Level 2
- Topic: Aims of economic policy, Economic policy
- Series: APR 2024
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