Monetary and fiscal policy are seen as appropriate tools to try to steer the macroeconomy. What...

Monetary and fiscal policy are seen as appropriate tools to try to steer the macroeconomy. What are the current settings of these tools? Who makes the decisions to change one of these tools? Are the decisions based on democratically elected officials actions or appointees? What are the advantages and drawbacks of elected officials vs. Appointees??

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Rahul Sunny answered 2 years ago

Monetary and fiscal policy are seen as appropriate tools to try to steer the macroeconomy. What...

Monetary and fiscal policy are seen as appropriate tools to try to steer the macroeconomy. What are the current settings of these tools? Who makes the decisions to change one of these tools? Are the decisions based on democratically elected officials actions or appointees? What are the advantages and drawbacks of elected officials vs. Appointees?? Explain in detail.

what is monetary policy and fiscal policy?

• The role of fiscal & monetary policy and how both tools are used by in...

• The role of fiscal & monetary policy and how both tools are used by in setting, evaluating and changing economic policy.

The architects of monetary and fiscal policy seek to use the tools at their disposal to...

The architects of monetary and fiscal policy seek to use the tools at their disposal to meet macroeconomic policy objectives. Discuss some of the challenges – specifically around the timeliness and accuracy of data – that they face in trying to decide what policies to implement. Are there additional timing challenges unique to fiscal policy (but that monetary policy makers can avoid)? Given all these challenges, what do you think policy makers should do going forward?

The architects of monetary and fiscal policy seek to use the tools at their disposal to...

The architects of monetary and fiscal policy seek to use the tools at their disposal to meet macroeconomic policy objectives. Discuss some of the challenges – specifically around the timeliness and accuracy of data – that they face in trying to decide what policies to implement. Are there additional timing challenges unique to fiscal policy (but that monetary policy makers can avoid)? Given all these challenges, what do you think policy makers should do going forward? When you make your...

Monetary Policy in Keynesian Models of the Macroeconomy (c) Part of the challenge of monetary policy...

Monetary Policy in Keynesian Models of the Macroeconomy (c) Part of the challenge of monetary policy is that the level of potential output is not observed. Assume that the economy is in an equilibrium with output equal to potential output. Suppose the latest economic news leads the central bank to incorrectly raise their estimate of potential output. Use the AD-AS model to describe what will happen to output and inflation in both the short run and long run as a...

Tools of Monetary Policy: Name two nonconventional monetary policy tools and briefly explain what they are?

What tool is the most appropriate among the different monetary policy tools available today?

There are pros and cons of using monetary and fiscal policy tools to stabilize the economy....

There are pros and cons of using monetary and fiscal policy tools to stabilize the economy. Explain the main arguments in favor of economic stabilization during recessions. Explain why policy lags could make stabilization policies counterproductive. What are the justifications given in favor of more government involvement in the market economy? What are the reasons given in favor of less government involvement in the market economy?

What is fiscal policy? What are the tools of fiscal policy? Discuss the impact of expansionary...

What is fiscal policy? What are the tools of fiscal policy? Discuss the impact of expansionary fiscal policy and specifically the fiscal policies used during the Great Recession of 2008-2009 on operation of business operation.

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Monetary and fiscal policy are seen as appropriate tools to try to steer the macroeconomy. What...

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Monetary and fiscal policy are seen as appropriate tools to try to steer the macroeconomy. What...

what is monetary policy and fiscal policy?

• The role of fiscal & monetary policy and how both tools are used by in...

The architects of monetary and fiscal policy seek to use the tools at their disposal to...

The architects of monetary and fiscal policy seek to use the tools at their disposal to...

Monetary Policy in Keynesian Models of the Macroeconomy (c) Part of the challenge of monetary policy...

Tools of Monetary Policy: Name two nonconventional monetary policy tools and briefly explain what they are?

What tool is the most appropriate among the different monetary policy tools available today?

There are pros and cons of using monetary and fiscal policy tools to stabilize the economy....

What is fiscal policy? What are the tools of fiscal policy? Discuss the impact of expansionary...