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Which are the government's three goals for promoting economic strength

a. high employment, steady growth, and stability
b. high employment, increased spending, low taxes
c. low unemployment, low prices and low taxes
d. steady growth, high prices, and innovation

User Zyber
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1 Answer

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Final answer:

The government's main goals for economic strength are high employment, steady growth, and stability, which include maintaining a growing economy, low unemployment rates, and stable prices to prevent inflation.

Step-by-step explanation:

The government's three main goals for promoting economic strength are high employment, steady growth, and stability. Achieving high levels of employment ensures that a significant portion of the population is contributing to the economy through work, which fuels economic growth and purchasing power. Economic growth is typically measured by the increase in the country's GDP per capita and improvements in labor productivity, which are enhanced by human capital development, physical capital deepening, and technological advancements, all within a market-oriented economy supported by government policies. Finally, stability is achieved when the economy grows consistently, when unemployment rates are low and stable, and when prices for goods and services are kept at the same level, which assists in preventing inflation.

User Tosh
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