There are 3 main macro economic goals of government that have been proven time again. The first is to make sure the economy stays in good health and can continue to grow at a healthy rate. The second is to keep the prices of products and services as low as possible and this is done by cutting down on any wasteful spending, which would cause the country to overspend. The third goal of government is to stimulate the economy by providing a number of economic stimulus measures to get it back on track after a financial crisis or recession.
There are a number of economic stimulus plans that are implemented in every single year, and one of them is called tax cuts. Every year, the government introduces more tax cuts because they know that this will keep their economy in a strong state even when there is economic turmoil. This way, the government can ensure that the economy will be in good health no matter what happens to it in the future.
But did you know that these tax cuts have had a very big effect on the economy? In fact, the more taxes that you have to pay, the better your economy is going to be. Since the economy is always trying to balance itself out between the tax cuts it has to pay, it eventually gets to the point where it has too much money and it's just not enough to cover all the expenses.
When this happens, a fiscal policy is used to help balance things out. This fiscal policy basically allows the government to borrow money from the banks in order to cover the deficit. This way, all the money that is borrowed gets divided into different categories so that it can be allocated in the right manner. This way, the government gets all the money that it needs and it doesn't end up paying off more than what it should, and as a result the economy continues to grow.
Another major goal of government is to make sure that it keeps its population happy and comfortable. By doing this, they are able to keep taxes low and they also provide a lot of social benefits for people. Some examples of these social benefits include free government services, healthcare and education, all of which are offered for free if the citizens of the country live in good health.
So there you have it; 3 major macro economic goals of government that have been proven time and again. All you have to do now is to start implementing the policies that you have just learned about. Just remember to set aside a budget and stick to it because your economy will thank you for it!