world’s economies share three main goals: Ø Growth Ø High employment Ø Price stability Let’s take a closer look at each of these goals, both to find out what they mean and to show how we determine...

world’s economies share three main goals: Ø Growth Ø High employment Ø Price stability Let’s take a closer look at each of these goals, both to find out what they mean and to show how we determine whether they’re being met. Economic Growth One purpose of an economy is to provide people with goods and services—cars, computers, video games, houses, rock concerts, fast food, amusement parks. One way in which economists measure