The relationship between the four main objectives of macro-control!

1, economic growth and employment: the growth of the national economy will lead to faster business development, which will provide more jobs, and ultimately will make the employment rate increase.

2. Economic growth and balance of payments: national income is made up of consumption, investment, government purchases, and net exports, thus when the balance of payments is in surplus, national income increases, and vice versa, national income decreases. But a prolonged trade surplus will in turn make the country's economy hot and its currency strong, thus reducing exports, balancing the balance of payments and slowing down the growth rate of the national economy.

3. Price Stabilization and Full Employment:

If the unemployment rate is to be reduced and the number of people employed is to be increased, money wages must be increased. If the monetary wage increase is too small, there is no obvious promotion of the goal of full employment;

If the monetary wage increase is too much, resulting in its rate of increase exceeds the growth of labor productivity, this cost-push inflation, will inevitably lead to a conflict between the two goals of prices and employment.

In summary, the four major objectives of macroeconomic control are complementary and mutually influential. Macro-control only deal with the relationship between them, the social economy will be healthy and sustainable development.

Extended information:

The state rationally formulates all the economic and social objectives. p>The state rationally formulates various economic policies and measures, such as formulating strategies and guidelines for economic and social development, formulating industrial policies to control the aggregate balance, and planning and adjusting the industrial layout;

formulating fiscal and monetary policies to regulate the proportionality between accumulation and consumption, to realize the balance between the total social supply and the total social demand, and controlling the issuance of currencies to curb inflation; establishing and perfecting the system adapted to the development of the market economy, the income distribution system and the tax collection and management system.

The state correctly utilizes economic levers such as prices, taxes, and credits to regulate the distribution and redistribution of national income, and to induce, coordinate, and control all aspects of social reproduction in terms of economic interests.

Scientific preparation of various economic plans, so that the economic plan is based on a sufficiently scientific basis, so that it can play a due role in the allocation of resources in the medium and long term, to make up for the shortcomings of relying entirely on the market allocation of resources.

Baidu Encyclopedia - Macro-regulation