Gov Policy Objectives

Question 1

What is Policy objectives

Answer 1

A target or goal that policy makers aim to hit

Question 2

What is policy instrument

Answer 2

tools that are used to try to achieve a policy objective

Question 3

What is balance of payments (BOP)

Answer 3

The difference between the value of exports and imports

Question 4

what is economic stability

Answer 4

Trying to ensure that GDP doesn’t go up and down too much