History, 23.06.2021 06:20 justinhk10
Promote Economic Stability. Stability means there is no violent ups and downs in the economy. The goal is a consistent growth in a changing world, thus, the movement of output of the economy, employment and prices of goods and services should be kept at reasonable ranges. Economic freedom, efficiency, and growth in the economy emanate mainly from the actions of individuals with government assistance in the form of legal framework and social institutions to protect them from market imperfections. Specifically, the government can control money in the economy through the Bangko Sentral ng Pilipinas, which is vital to sustained economic growth, or promote economic activities during times of downturn in the economy. 4. To Improve Economic Security. To increase individual security has been an important goal of economics. The continued existence of the market economy depends on this economic security, because incomes are established in the market place. People with corresponding skills, capital, and assets are sold in exchange for income, and the value of those agents depends on the worth of the final goods and services produced by them.
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Promote Economic Stability. Stability means there is no violent ups and downs in the economy. The go...
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