Which of the following is an example of a country reaching its macroeconomic goals?

The value of the Japanese Yen has declined, causing prices to rise in Japan.

Canada's unemployment rate reached 15% last year.

Inflation in Russia has changed dramatically since last year.

Germany's GDP has increased annually by at least 3% for the past 3 years

Question

Business

Drake Pennington

13 December, 17:29

Which of the following is an example of a country reaching its macroeconomic goals?

The value of the Japanese Yen has declined, causing prices to rise in Japan.

Canada's unemployment rate reached 15% last year.

Inflation in Russia has changed dramatically since last year.

Germany's GDP has increased annually by at least 3% for the past 3 years

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Answers (1)

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Abdiel Brandt · Answer 1

Germany's GDP has increased annually by at least 3% for the past 3 years

Explanation:

Attaining a sustainable rate of economic growth is one of the major objectives of macroeconomic goals. Economic growth can be measured by GDP. GDP measures the economy's annual output which include expenditure or income. Therefore, Germany's GDP growth by at least 3% for the past 3 years means that the country's income or expenditure has continuously grown annually in those years.