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Answer :
Final answer:
Macroeconomic goals include steady economic growth, price stability, and full employment. However, zero unemployment is not a feasible goal due to natural levels of frictional unemployment. Therefore, the answer to the question is D. Zero Unemployment.
Explanation:
Understanding Macroeconomic Goals
Macroeconomic goals are essential objectives that economies aim to achieve to ensure stable economic performance and growth. The main goals typically include:
- Steady Economic Growth: This goal is focused on increasing the overall output of an economy over time.
- Price Stability: This refers to avoiding significant inflation or deflation, ensuring that prices for goods and services remain relatively stable.
- Full Employment: This goal aims for a situation where nearly all individuals willing and able to work can find employment.
- Zero Unemployment: While it may seem a reasonable goal, it is considered unachievable in the long run. Economists recognize that there will always be some level of frictional unemployment, which occurs when people are between jobs or entering the workforce for the first time.
Given this context, the correct answer to the student’s question is D. Zero Unemployment, as it is not a macroeconomic goal due to its impracticality.
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