Conflicting Goals In Economic Growth
Beginning of paper
Goals of monetary policy are to "promote maximum employment, inflation
(stabilizing prices), and economic growth." If economists believe it's possible
to achieve all the goals at once, the goals are inconsistent. There are
limitations to monetary policy.
The term "maximum employment" mean ....
Middle of paper
.... investor friendly environment that
will attract foreign investors to the country.
Evidence has suggested that economies perform better, in terms of growth,
employment and living standards, in low inflation environments than they do when
inflation is persistently high. This evidence is a comparison across countries
over long periods. The association between economic performance, measured by
growth of output or growth of productivity, and inflation. This indicates a
negative relation; t ....
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Word count: 901
Page count: 4 (approximately 250 words per page)
