Question

What are a government’s economic objectives, and how may businesses be affected by changes in those objectives?

Answer 1

Government’s economic objectives and how may businesses be affected by changes in those objectives :

Explanation :

Major Government Economic Objectives are given below :

• Stability of Prices
• The sustained economic growth
• Low unemployment
• A balanced balance of Payments.

Businesses are affected by changes in Economic Policy in the following manner :

• Low Inflation: If the Economy will grow too quickly, demand always exceeds supply leading to a rise in prices. This will affect the demand and supply of the business.
• Interest Rates: The Government Interest rate policy also affects the business and Industrial decision and policymaking.
• BOP: A balanced balance of Payment also boosts up in resources used by various businesses.

To know more about government economic objectives, visit :

Elaborate ‘economic growth’ as objective of government budget. -https://brainly.in/question/7430327

Explain the economic stability objective of a government budget

https://brainly.in/question/7605921