1)How does the government achieve the main 5 macroeconomics objectives?

2)Does macroeconomics better support supply side or demand side economics?

3)Which is worse for the overall health of an economy: inflation or deflation?

1)Objective of macroeconomics

1) Non-inflationary growth:- The objective of the central bank is to achieve economic growth without inflation. There are stable policy and sustainable goal over the long run that results in the outward shift of the production possibility curve.

2) Low inflation:- To control inflation, the central bank reduces the money supply such that LM curve shifts leftward which increases the rate of interest in such a manner that the private investment reduces that causes the aggregate demand curve shifts leftward which reduces both price level and output in an economy.

3) Equilibrium in the balance of payment:- It means that a country exports or import should be equal such that the trade balance deficit or trade surplus is not good for the economy.

4) The fair distribution between rich and poor:- It means the difference between rich and poor people should not be large that means for the fair for one person and may not be fair for others person that means all wealth should not be distributed to the small group of person.

5) Low unemployment:- The objective is to employ more and more person who wants to be employed so the economy can reach toward the full capacity.

2)Macroeconomics involves the study of how limited resources are utilized by an economy in the production of goods and services for consumption. Economies can be that of a state (regional), country (national) or even the world (global). The economic factors affecting the study include the total national earnings, the rate of employment, inflation and deflation rates, and the total worth of the goods and services produced in the state, among others.

Macroeconomics supports the demand and the supply side equally. For the success of an economy, both demand and supply are important. If only one element is supported, economic success will only be achieved partially. However, for the short run, more support is given to demand-side while for the long run, more support is given to the supply side. This is because demand creates its own supply for the short-run macroeconomic success while supply creates its own demand for the long-run macroeconomic success.

3)Deflation is worse when the overall health of an economy is considered. But this doesn't mean that inflation is automatically healthy for the economy. inflation leade to a healthier economy when it is mild. When there is mild inflation, the prices of goods increases. When the prices of goods increases, the consumers will buy more goods now because they expect that the price will continue to rise even further. Therefore when the consumers will buy more goods, the demand increases forcing the producers to produces more. For the producer to produce more, they hire more factors of production. Therefore, more labor will be needed leading to the creation of employment.

On the other hand, when the level of inflation is negative meaning that there is deflation the opposite will happen. Deflation is the decrease in the level of prices. When the prices of commodities are decreasing, consumers will wait to see whether the prices will decrease further to purchase the product. Therefore consumers will demand, less in the short-run and leading toa decreased demand. When the demand decreases, the producers will be forced to produce less and engage fewer inputs. As a result, there will be laying off some employees.