Economists differ in their views on fiscal and monetary policy due to varying theoretical frameworks, beliefs about market efficiency, and interpretations of historical data. Some emphasize the effectiveness of government intervention through fiscal policy to stimulate demand during economic downturns, while others prioritize monetary policy and the role of central banks in managing inflation and interest rates. Additionally, differing assumptions about how quickly and effectively policies take effect can lead to contrasting opinions on their appropriateness and effectiveness in different economic contexts. These ideological differences and empirical interpretations contribute to the diversity of thought in economic circles.
True
What are fiscal, monetary, and regulatory policies
There is a general belief among economists that governments can regulate the economy. The discrepancies are whether this regulations can affect the economy in the long run or not.
There is a general belief among economists that governments can regulate the economy. The discrepancies are whether this regulations can affect the economy in the long run or not.
The main goal of both fiscal and monetary policy is to stabilize the economy.
True
What are fiscal, monetary, and regulatory policies
Modern fiscal policy is based on the work of prominent economists such as John Maynard Keynes, who advocated for government intervention in the economy to promote growth and stability through fiscal measures like government spending and taxation. Other influential economists in shaping modern fiscal policy include Milton Friedman, who focused on the importance of monetary policy in stabilizing the economy.
monetary and fiscal policy of rbi during recession
There is a general belief among economists that governments can regulate the economy. The discrepancies are whether this regulations can affect the economy in the long run or not.
There is a general belief among economists that governments can regulate the economy. The discrepancies are whether this regulations can affect the economy in the long run or not.
The main goal of both fiscal and monetary policy is to stabilize the economy.
RBI
what are the fiscal and monetary tools used in year 2008 budget of nigeria
The limits to fiscal policy are difficulty of changing spending levels, predicting the future. Advantages and disadvantages of government using fiscal or monetary ..
No
Fiscal and monetary policies under managed floating exchange rate regimes?