How do the 4 macroeconomic objectives differ?

The four macroeconomic objectives differ in the following ways:

• Full employment. This is when the active labor force is fully engaged in employment for productive jobs. The economy is preserved to be more productive if the unemployment rates are low. However, this objective cannot be perfectly met to a level where all job seekers are employed. The only parameter of gauging this objective is by achieving very low rates of unemployment.
• Low rates of inflation. Inflation hurts the economy of a nation. To avoid this, the government and the central banks work with aims of achieving low rates of inflation preferably 2%. Low rates of inflation differ with full employment in that, low inflation rates does not necessarily guarantee full employment in an economy.
• Distribution of income. An economy with a fair distribution of income means that everybody is well off. The economy is balanced and at a position to maintain growth.
• Balanced of payments. It means that the difference in the value of a country?s exports or imports is not that large from that of imports or exports.

the four macroeconomic objectives differ in that the likelihood of achieving all of them simultaneously is low. However, with time, and with the implementation of suitable economic policy they can be achieved.