High School

We appreciate your visit to Which of the following is a major macroeconomic goal of nearly every society Options A Providing free health care to the unemployed B Increasing the. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!

Which of the following is a major macroeconomic goal of nearly every society?

Options:

A. Providing free health care to the unemployed
B. Increasing the amount of gross domestic production
C. Decreasing the prices of resources
D. Increasing government spending

Answer :

The major macroeconomic goal of nearly every society is to increase the amount of gross domestic production (GDP). GDP is the total value of goods and services produced within a country over a specific time period. By increasing GDP, a society can experience economic growth and improve the standard of living for its citizens.

Increasing GDP can be achieved through various means, such as promoting investment, encouraging innovation and technological advancements, and fostering international trade. These actions can lead to higher levels of productivity, job creation, and overall economic prosperity.

Providing free healthcare to the unemployed, decreasing the prices of resources, and increasing government spending are not necessarily major macroeconomic goals of every society. While these actions may have their own merits and be pursued by certain societies, they are not universally recognized as primary macroeconomic goals.

In summary, the major macroeconomic goal of nearly every society is to increase the amount of gross domestic production (GDP), as it is a key indicator of economic growth and prosperity.

To know more about GDP visit :-

https://brainly.com/question/15171681

#SPJ11

Thanks for taking the time to read Which of the following is a major macroeconomic goal of nearly every society Options A Providing free health care to the unemployed B Increasing the. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!

Rewritten by : Barada