Policy conflicts
What Policy conflicts means in Economics B A-Level, as defined for Pearson Edexcel.
Definitions of Policy conflicts
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Reference: Pearson Edexcel
Situations where achieving one macroeconomic objective, such as reducing unemployment, works against another, such as controlling inflation.
Situations where expansionary policies clash with other objectives, such as controlling inflation or managing the national debt.
Tensions between economic growth and other macroeconomic objectives, such as price stability and environmental protection.
Topics that use Policy conflicts
- Demand-side policies (Pearson Edexcel A-Level)
- Possible macroeconomic objectives (Pearson Edexcel A-Level)
- Potential policy conflicts and trade-offs (Pearson Edexcel A-Level)
Related terms
- Macroeconomic objectives
- Aggregate demand
- Demand-pull inflation
- Current account
- Current account surplus
- Economic growth
- Economic trade-offs
- Equilibrium
Using Policy conflicts in the exam
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