- A government’s macroeconomic aims are low inflation, low unemployment, balance of payments equilibrium and economic growth. Which of these aims do you consider most significant for Singapore?
- Most governments aim for full employment and stable prices. Which of those two aims should the government seek to achieve in the coming year and how might this choice affect the other aim?
- Explain the key macroeconomic aims of the Singapore government, and discuss which policy measures might best be used to overcome the most significant macroeconomic problem that is currently being experienced by the Singapore economy.