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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?

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Rahul Sunny answered 2 years ago
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