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ECONOMIC GOALS

17 April, 2015 - 11:00

The following is a list of the major economic goals: 1) economic growth, 2) price level stability, 3) economic efficiency, 4) full employment, 5) balanced trade, 6) economic security, 7) equitable distribution of income, and 8) economic freedom. Economic goals are not universally accepted, and their degree of importance can vary considerably among nations. In addition, economic goals are not always complementary. They may, in fact, be conflicting or mutually exclusive.