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peardeer973Lv1
28 Sep 2019
For many years, the overall economic policy of the United States has been a balancing act between fiscal policy and monetary policy. Explain what is meant by the following:
(A). Fiscal policy
How is fiscal policy set?
Who sets fiscal policy?
How does this policy affect the economy?
(B) Monetary policy
How is monetary policy set?
Who sets monetary policy?
How does this policy affect inflation, the economy?
For many years, the overall economic policy of the United States has been a balancing act between fiscal policy and monetary policy. Explain what is meant by the following:
(A). Fiscal policy
How is fiscal policy set?
Who sets fiscal policy?
How does this policy affect the economy?
(B) Monetary policy
How is monetary policy set?
Who sets monetary policy?
How does this policy affect inflation, the economy?
Paramjeet ChawlaLv8
28 Sep 2019