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Answer :
Final answer:
In macroeconomics, the primary goals include economic growth, full employment, and price stability. Inflation is not a goal but rather a phenomenon to be controlled. The correct answer to the student's question is that inflation is not a macroeconomic goal. so, option b is the correct answer.
Explanation:
In the context of macroeconomics, there are three primary goals that economists and policymakers focus on: economic growth, full employment, and price stability. Among the options provided in the question, economic growth refers to an increase in a country's output of goods and services over time, full employment is achieved when all available labor resources are being used in the most efficient way possible.
Given these goals, option 'd. Inflation' is not itself considered a macroeconomic goal. Instead, it is a phenomenon that macroeconomic policy aims to control. Therefore, the answer to the student's question is that inflation is not considered a macroeconomic goal; it is something the policymakers strive to minimize to achieve price stability. price stability means maintaining low and predictable rates of inflation to ensure that the overall level of prices for goods and services does not fluctuate unpredictably over time.
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