Distinguish between policy targets and policy instruments


Problem

1. Distinguish between policy targets, policy instruments and policy goals. Give examples of each.

2. It is often suggested that there is a trade-off between unemployment and inflation. What do you understand by this?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Distinguish between policy targets and policy instruments
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