| A | B |
|---|
| Full Employment | The lowest possible level of unemployment in the economy. |
| Price Stability | Is achieved when the overall price level of goods and services available in the economy is constant. |
| Standard of Living | People’s economic well-being. |
| Economic Freedom | maintaining ability to choose in the marketplace |
| Economic Efficiency | Make the best use of scarce resources |
| Economic Equity | sometimes called justice, deals with fairness |
| Economic Security | nation's efforts to protect its members from harmful economic situations |
| Economic Stability | achieving full employment & stable prices |
| Economic Growth | Efforts to increase the amount of goods and services in the economy |
