1. Conflicts between Objectives
2. Healthy Growth & Balance of Payments Equilibrium
3.Low Unemployment & Low Inflation
4. Influence the Goverments ability to achieve Objectives:2. Healthy Growth & Balance of Payments Equilibrium
3.Low Unemployment & Low Inflation
- Macroeconomic policy
- Productivity of factors of production
- Technology
- Availability of factors of production
- Amount of trade between UK and other countries
- Laws and legal system
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