ECN-601 Module 6 DQ 2 - The text identified three goals of macroeconomic policy……

Economics – GDP, Unemployment, and Fiscal Policy

Grand Canyon University  

The text identified three goals of macroeconomic policy: 

1.  Minimize unemployment,
2.  Minimize inflation
3.  Maximize economic growth 

Obviously, these goals have elements that conflict with one another.  Which do you think we are doing the best job of accomplishing in the U.S. currently, and which do you think should receive greater priority? Explain, and cite relevant statistics on the economy’s performance where possible.