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Indicate whether each item describes a primary goal of macroeconomic policy.

a. Low unemployment
- Primary macroeconomic policy goal
- Not a primary macroeconomic policy goal

b. Eliminating political conflict
- Primary macroeconomic policy goal
- Not a primary macroeconomic policy goal

c. To set the optimal price for a pound of peaches
- Primary macroeconomic policy goal
- Not a primary macroeconomic policy goal

d. Low inflation
- Primary macroeconomic policy goal
- Not a primary macroeconomic policy goal

e. To calculate how much urban residents are willing to pay to protect biodiversity
- Primary macroeconomic policy goal
- Not a primary macroeconomic policy goal

f. Rising living standards
- Primary macroeconomic policy goal
- Not a primary macroeconomic policy goal

Answer :

The concept mentioned is Macroeconomic policy. The answer is options A, D, and F: low unemployment, low inflation, and rising living standards.

Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision- timber of frugality as a whole. The macroeconomic policy aims to give a stable profitable terrain that's conducive to fostering strong and sustainable profitable growth.

The crucial pillars of macroeconomic policy are fiscal policy, financial policy, and exchange rate policy. Macroeconomic policy is concerned with the operation of frugality as a whole.

In broad terms, the thing of macroeconomic policy is to give a stable profitable terrain that's conducive to fostering strong and sustainable profitable growth, on which the creation of jobs, wealth, and bettered living norms depend. It ultimately includes a High real growth rate, Price stability and controls the position of affectation, a High rate of employment, and low severance close to the natural rate of severance.

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