Three goals of macroeconomic policy: Minimize unemployment, Minimize inflation Maximize economic growth Obviously, these goals have elements that conflict with one another

Unemployment and inflation move inversely and therefore are conflicting. As more and more people become employed, the Philips curve dictates that inflation will rise. This is because you have more money in the market chasing only so many available goods and services. Currently, the U.S is doing an awesome job on all fronts as we are experiencing 1.8% inflation according to U.S Labor Department Data and according to the Bureau of Labor Statistics we are having around 3.5% unemployment which is very healthy. I think the greatest priority should be placed on employment. If inflation is a little high, people can usually afford to make adjustments in spending or switch to less pricey alternatives, etc. However, if someone is completely unemployed and few jobs are available this is usually a larger influencer on rising crime rates and overall poverty.