What do the macroeconomic decision-makers try to do?
i. Focus on economic goals
ii. Focus on public goals
iii. Go beyond economic objectives
iv. Serve individual self-interests.

i, ii, iii

The correct answer is Option 2: i, ii, iii

Macroeconomic decision-makers, such as governments, central banks, and international organizations, focus on broad economic and public goals rather than individual self-interests. Let’s analyze each statement:

1. Focus on economic goals (i) – Correct

   • Macroeconomic decision-makers aim to achieve key economic goals such as economic growth, price stability, full employment, and equitable distribution of income.

2. Focus on public goals (ii) – Correct

   • Public welfare is a major concern in macroeconomic policies, which include poverty reduction, social security, infrastructure development, and environmental sustainability.

3. Go beyond economic objectives (iii) – Correct

   • Macroeconomic policies also consider social, political, and environmental factors, such as education, healthcare, and global trade relations, which extend beyond pure economic objectives.

4. Serve individual self-interests (iv) – Incorrect

   • Macroeconomic policies are designed for collective welfare, not individual gains. While they may indirectly benefit individuals, their primary focus is on national and public interests rather than personal self-interest.