MACROECONOMICS
MACROECONOMICS
14th Edition
ISBN: 9781337794985
Author: Baumol
Publisher: CENGAGE L
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Chapter 17, Problem 3DQ
To determine

To describe: Reason behind the policy decision is a part of the politics not economic criteria.

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Why should monetary policy and fiscal policy be separately?
Why is it helpful to model the policy process?
Differentiate between monetary and fiscal policy.
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