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- Explain in a tabular form any eight differences between Monetary and Fiscal Policyhow the main instruments of macroeconomic policy, namely monetary and fiscal policy, are implemented and take effect, related to the aggregate demand and aggregate supply framework. Kindly please for consideration of the link between the monetary policy and money market, economic output and prices. And in contrast - fiscal policy.Explain what kind of fiscal policy and what kind of monetary policy are likely to reduce GDP.
- Some reject stimulus measures and all current policy forms. These economists Focus on the damaging activities and decisions of a private corporations, commercial banks, wealthy individuals. How can these groups delete our private market system, each in their own way, frustrate and foil the goals of a combined fiscal and monetary stimulus program?Explain the difference between fiscal policy and monetary policy. What are some of the reasons these macroeconomic policies are used? Elaborate on reasons these policies are used.What is the difference between monetary policy and fiscal policy? Provide at least three examples of monetary policy? Provide at least three examples of fiscal policy? Give an example of monetary and fiscal policy from the past year in response to Covid?
- 44)Which of the following statements is most accurate regarding fiscal policy and monetary policy? Select one: a. Monetary policy can be changed more quickly than fiscal policy. Fiscal policy can be changed at any of the FOMC meetings and the smaller number of individuals involved makes it easier to change fiscal policy. b. Fiscal policy can be changed more quickly than monetary policy. Fiscal policy has much shorter delays due to the smaller number of legislators involved. c. Monetary policy can be changed more quickly than fiscal policy. Monetary policy can be changed at any of the FOMC meetings and the smaller number of individuals involved makes it easier to change monetary policy. d. Fiscal policy can be changed more quickly than monetary policy. Monetary policy has much longer delays due to the larger number of legislators involved.Some recheck stimulus measures in all current policy forms. These economists focus on the damaging activities and decisions of it private corporations commercial banks wealthy individuals. How can these groups that lead our private market system, each in their own way, frustrate and foil the goals of a combined fiscal and monetary stimulus programExplain the difference between fiscal policy and monetary policy. What are some of the reasons these macroeconomic policies are used?
- Explain the interaction of monetary policy and fiscal policy at full employmentThis course is designed to provide an understanding of market economies and the fluctuations they are subject to. With this in mind, please answer the questions that follow. a) Assume the economy is in a recession. Discuss how the government could implement fiscal policy to deal with the recession and the steps by which fiscal policy moves the economy out of the recession b) Why is the shape of the aggregate supply curve important in understanding the impact of monetary and fiscal policy?Please discuss the need and use of fiscal policy in countries such as the UK during the crisis. Will the fiscal policy remain the key policy instrument in these sorts of countries in the near future? In what way is monetary policy constrained and might that constraint be relaxed? In the case of fiscal policy, how should it be altered to support economic recovery?
