Which of the Following Is One of the Macroeconomic Goals

question 133

Multiple Choice

Which of the following is one of the macroeconomic goals established by the 1946 Employment Act?

• A) Preventing large fluctuations in exchange rates
• B) Maintaining a constant level of consumer expenditure
• C) Providing an economic environment conducive to growth
• D) Ensuring that employers pay workers a minimum wage sufficient to escape poverty

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Definitions:

Profit Responsibility

An obligation companies bear to generate financial gains for their shareholders, ensuring the organization's economic viability and growth.

Stakeholder Responsibility

The obligation of an organization to consider the interests and wellbeing of all parties affected by its decisions and activities, including employees, customers, suppliers, and the broader community.

Consumers

Individuals or groups who purchase goods and services for personal use and are the final users in the distribution process.

Employees

Individuals who work for a company or organization and are typically compensated with wages or salaries.