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Economics 2.6.1
Economics- Edexcel 2.6.1
| Term | Definition |
|---|---|
| first macroeconomic objective | low & stable inflation |
| second macroeconomic objective | sustained growth of real GDP |
| third macroeconomic objective | low unemployment |
| fourth macroeconomic objective | higher average living standards |
| fifth macroeconomic objective | balanced trade on current account of balance of payments |
| sixth macroeconomic objective | equitable distribution of income & wealth |
| seventh macroeconomic objective | environmental sustainability |
| eighth macroeconomic objective | global competitiveness |
| ninth macroeconomic objective | access to public services |