IB skill practice

Explain macroeconomic objectives and circular flow

Economics SL skill with original exam-style diagram, data-response, and evaluation seeds.

Paper 1, Paper 2 5 marks Difficulty 3

Identify macroeconomic objectives

A government statement in a Wellington public policy debate lists low unemployment, stable inflation, economic growth, and a sustainable external position. Explain why these are macroeconomic objectives. Enter the answer and choose the interpretation that best matches the economic evidence.

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