Question: please answer b 41 a. What are the three main macroeconomic goals that all countries have? The three goals include full employment, economic growth, and

 please answer b 41 a. What are the three main macroeconomic

please answer b

goals that all countries have? The three goals include full employment, economic

41 a. What are the three main macroeconomic goals that all countries have? The three goals include full employment, economic growth, and price stability. b. Is GDP a good indicator of the standard of living in a country? Why or why not? If not, is there a better indicator? (1 pt) 5 GDP is not a good indecaturre up the standard of planation, as it is impossible to calculate hour go materialishardly things are full a person as it disregards used goods, imports , and non-praised ite I don't think ther it a better industry as it is difficult to calculate ron-priced soods. ( home-made) c. Some people argue that the CPI is an imperfect measure of inflation because it suffers from "substitution bias"? Explain what substitution bias is and why it demonstrates that the CPI is an mperfect measure of inflation (1 pt)

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