Is there a numerical target for economic growth? (1 Viewer)

[Hehehe22]

 

[Scrambled]

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damn what even is that question-
All I know is that economic growth should exceed inflation, and unemployment should be kept around minimum but yeah idk
Imma guess D because C just seems like the economy is at a peak and is about to enter a downswing?

 

[Hehehe22]

damn what even is that question-
All I know is that economic growth should exceed inflation, and unemployment should be kept around minimum but yeah idk
Imma guess D because C just seems like the economy is at a peak and is about to enter a downswing?

Yep it's definitely D, but it's an odd question
Thanks, I didn't think of GDP growth exceeding inflation

 

[bruhmoment.]

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for starters its defo B or D, inflation target range is 2-3%. the objectives of aus government are to have sustainable eco growth and full employment, but when u look at B, unemployment is way too high at 7%, meaning the answer is D.

 

[empowered]

eco growth target is like 3-4%?

 

[ukwehiewh]

Institutions aim to achieve optimal eco growth at around 3.25%. Inflation target is 2-3%. Unemployment (at NAIRU) will be around 4-5%. Most correct answer will be D