In what ways might our economic goals conflict? Are economic goals constant, or do they change over
time? How are conflicts among goals resolved?

Respuesta :

Answer:

1 st question ---,Economic goals are often conflict in because of the scarcity a resources. One goal is accomplished at the opportunity cost of another.

2nd question---all economic systems have the same goal priorities if politicians made better decisions we could achieve all our economic goals when economic goals are achieved everyone benefits the priority ranking of our nation's economic goals is constant

3rd question---people must compare cost to benefits before resolving the conflict or able to work out conflicts among goals they are economic freedom, efficiency, equity, security, full employment, price stability, and growth

The economic goals conflict due to the scarcity of resources. As the priorities change, the goals also change. The conflicts among economic goals may be resolved through policies.

What are economic goals?

Economic goals of an economy or nation include efficiency, equity, economic freedom, employment, growth, and security. The goals are not always mutually compatible.

Sometimes the economic goals may conflict as the economic resources are scarce and their uses are unlimited.

The economic goals tends to change when the growth vision and the goals regarding future change.

The policies for production, consumption, and utilization of resources can resolve the economic conflicts.

Learn more about economic goals here:

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