Every country has THREE (3) main macroeconomic policies, namely monetary policy, fiscal policy and supply side...

Every country has THREE (3) main macroeconomic policies, namely monetary policy, fiscal policy and supply side policy. 4.1 Using a country of your choice critically evaluate how the THREE (3) main policies can be used to achieve low unemployment. Motivate your solution with practical examples 4.2 Discuss the various type(s) of unemployment and substantiate which type of unemployment is being experienced to a larger extent in your country.

Expert Solution

Rahul Sunny answered 8 months ago

1. The two main tools of macroeconomic policy include monetary policy and fiscal policy. Briefly describe...

1. The two main tools of macroeconomic policy include monetary policy and fiscal policy. Briefly describe the main components of each.

What is fiscal and monetary policy? Who implements these policies? Suppose a country has high inflation....

What is fiscal and monetary policy? Who implements these policies? Suppose a country has high inflation. What kind of fiscal and monetary policy do you suggest? Explain why.

Describe the differences between fiscal policy and monetary policy. What fiscal and monetary policies might be...

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4. How to use the three monetary policies and the three fiscal policies to reduce BOP...

4. How to use the three monetary policies and the three fiscal policies to reduce BOP deficit? Please explain how each policy works, i.e., how economic entities react to the policy changes so that the deficit will be reduced.

In terms of Macroeconomics, compare and contrast fiscal and monetary policies in terms of their main...

In terms of Macroeconomics, compare and contrast fiscal and monetary policies in terms of their main strengths and weeknesses.

dicuss with examples the positive supply -side effects of fiscal policy?

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What are the distinctions between monetary policy and fiscal policy? How does each of these policies...

What are the distinctions between monetary policy and fiscal policy? How does each of these policies affect your professional and personal lives?

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