Complete the chart on benefits and drawbacks of monetary and fiscal policy

Q: Give an example of a monetary policy action that could produce an increase in aggregate demand. Give…

A: AD(aggregate demand) is the sum of C(consumption), I(investment), G(government spending) in closed…

Q: Discuss an example of a fiscal policy and monetary policy that is used to control inflation and how…

A: The exercise of control over the economy via the use of governmental spending and taxes is known as…

Q: Please discuss the need and use of fiscal policy in countries such as the UK during the crisis. Will…

A: The financial and economic crisis struck developing nations hard, albeit the effects were delayed.…

Q: What are the potential problems with fiscal and monetary policies?

A: Concept Central banks manage the money supply in the economy through monetary policy. To bolster a…

Q: Strengthts and weaknesses of fiscal and monetary policies.

A: A monetary policy(MP) is a policy adopted by the Central Bank or the government of the company to…

Q: Analyze and compare fiscal and monetary policy in order the generate macroeconomic stability? (use…

A: Monetary policy and fiscal policy are two distinct tools that affect a country's economic activity.…

Q: How can one apply monetary policy and fiscal policy to the business cycle, budget surpluses, and…

A: Monetary policy: Monetary policy are the policy measures that are being taken by the central bank of…

Q: Who is in charge of fiscal and monetary policy, and how do each of these policies basically work?

A: Fiscal policy is the policy which is implemented by the government of the nation. Hence, charge of…

Q: What are the major / high level differences between fiscal policy and monetary policy?

A: The fiscal or monetary policies are the tools of the economy to correct the distortions that takes…

Q: What is the reason why fiscal policy should be in tune with monetary policy when the economy is in…

A: Recession is a period of time in an economy when there is low or slow growth in economy wherein the…

Q: Based on your understanding of government economic policy, which of the monetary or fiscal policy…

A: Fiscal policy refers to the government policy that stabilizes th economy through bring changes in…

Q: Explain what are the lags in macroeconomic policies. Do these lags have more effect on monetary…

A: Macroeconomic policies are used to stabilize the economy in different phases of the business cycle.…

Q: Question: Explain the distinction between monetary and fiscal policy by focusing on how each type of…

A: Governments use a wide range of economic policies to manage their economy. To influence production,…

Q: what is the differences between fiscal policy and monetary policy

A: Monetary policy and fiscal policy are two distinct tools that have an impact on the economic…

Q: What is differance between Tools of monetary policy and fiscal policy?

A: Fiscal policy refers to the government policy that stabilizes the economy through bring changes in…

Q: Compare and contrast the strengths and weaknesses of fiscal policy and monetary policy.

A: Fiscal policy is also known as the budgetory policy of the government. Monetary and Fiscal policy…

Q: Governments may achieve certain economic goals; say controlling inflation or boosting economic…

A: Answer: All the economic goals such as controlling inflation, boosting growth, increasing…

Q: The spending and taxing policies used by the government to influence the economy refer to 1 monetary…

A: Answer: Correct option: (2) Fiscal policy Explanation: Fiscal policy refers to the policy of…

Q: Why is monetary policy chosen over fiscal policy as the preferred tool for stabilization policy

A: Monetary and fiscal policy are the two most well-known techniques for affecting a country's economic…

Q: What specific monetary policy tools would you use to stimulate aggregate demand and how? What…

A: Monetary policy refers to the policy used by the central bank to interfere in the economy to push…

Q: What kind of policy is this? Discuss the effects of this policy proposal if it was in place as the…

A: Fiscal policy is when the government manipulates the spending and the taxes to manage the economy,…

Q: What is the difference between fiscal and monetary policy? What fiscal and monetary steps can the…

A: The tools of fiscal and monetary policy for keeping the growth of the economy stable include low…

Q: How is fiscal and monetary policy used by the Canadian government if the economy seems to be…

A: When the economy is slipping into recession the government needs to implement an expansionary fiscal…

Q: What is the main differences between monetary policy and fiscal policy

A: Monetary policy refers to the tool which is used by central bank in order to increase or decrease…

Q: Is the Coronavirus Stimulus Package fiscal policy, monetary policy, or both?

A: The monetary policies are those policies that are enacted by the central bank of a country to…

Q: Compare and contrast the strengths and weaknesses of fiscal policy and monetary policy

A: fiscal policy is the government tools to correct the instability of the economy . whereas monetary…

Q: What type of policy is made up of fiscal and monetary policy?

A: Both fiscal and monetary policies are implemented with the aim of making the economy free from…

Q: Explain what kind of fiscal policy and what kind of monetary policy are likely to reduce GDP.

A: Fiscal policy: - it is a tool of the government of a country in which the government adjusts its…

Q: What is an inappropriate use of monetary and fiscal policy?

A: When it comes to influencing macroeconomic outcomes, governments have traditionally used one of two…

Q: An increase in the budget deficit is the result of: (a) Expansionary monetary policy; (b)…

A: Since you have posted multiple questions, we will solve first question for you. If you want other…

Q: Explain how can we use fiscal and monetary policy if we have a very high inflation rate in the…

A: To curb high inflation rate following policies can be used, Contractionary fiscal policy - The…

Q: Please provide two similarities and two differences between fiscal policy and monetary policy

A: Monetary and fiscal policy are important macro-economic tools of the economy. Both these policies…

Q: Which of the monetary or fiscal policy tools do you think would be most effective at improving the…

A: Fiscal policy refers to the government policy that stabilizes the economy through bring changes in…

Q: Explain in detail fiscal and monetary policy

A: Fiscal policy is a policy used by the government to influence the nation's growth by adjusting the…

Q: An increase in the budget deficit is the result of: (a) Expansionary monetary policy (b)…

A: A budget deficit occurs when the actual expenses of the government exceed the planned expenses.

Q: Should Monetary and Fiscal Policymakers Try to Stabilize the Economy? Explain.

A: Yes, facing booms and depression is something wrong for any economy and stability is necessary which…

Q: Use the following scenarios to compare the effectiveness of monetary and fiscal policies with…

A: (A) In fiscal policy the government raise its spending that decreases taxes. Due to this the…

Q: Discuss what type of fiscal and monetary policy currently government of Pakistan adopted and why?

A: Fiscal policy: These are the policy measures that are being introduced by the government of a…

Q: When is it appropriate to use monetary and fiscal policy to stimulate or stabilize the economy?…

A: The government can stabilize the economy with the help of Monetary and Fiscal Policy.Fiscal Policy:…

Q: In theory, fiscal policy can be as effective in stabilizing the economy as is monetary policy. What…

A: Fiscal policy is the policy that is made to achieve the stability by the government by using its…

Q: Provide a political economic analysis of fiscal and monetary policies in terms of their different…

A: Fiscal Policy: Fiscal policy is adopted by the government to influence the economic condition of a…

Q: What is the ideal balance between monetary and fiscal policy for a nation like Japan, where prices…

A: The marker equilibrium in which the AD curve crosses the AS curve is explained by the aggregate…

Q: A country can use a combination of monetary and fiscal policies to stabilize or control their…

A: The two most well-known mechanisms for influencing a country's economic activity are monetary policy…

Q: What would monetary policy look like according to a 'policy mix'?

A: The economies around the globe work with the objective, and goals of increasing their economic…