Question: Explain the distinction between monetary and fiscal policy by focusing on how each type of policy is used to affect the level of economic activity.
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Q: 6) A company is considering the purchase of a new automated assembly machine to increase its…
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A: We are going to use log method to answer this question.
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A: Pump Priming is an economic term which is associated with the government actions.
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A: The profit is maximized where the MR=MC.
Q: What is pump-priming?
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A: Balance of trade is otherwise called net export, trade balance, or global trade balance.
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- Question 03 A) The Government of Bangladesh opted for expansionary fiscal policy to fight economic depression. Identify the type of inflation it is expected to create and its impact on the wages. Illustrate the process on the graph. (Maximum 150 words) B) Assume the Pakistan’s economy is in recession: Pakistan implements a combination of expansionary fiscal and monetary policy. In the absence of complete crowding out what will be the effect of these policies on each of the following: (Maximum 150 words) i. Aggregate demand in Pakistan ii. The price level in Pakistan iii. Interest rates in PakistanAddressing recession using Fiscal and Monetary Policy tools. Scenario - The US economy is currently experiencing recession. You have Fiscal and Monetary policy tools available to address this problem: A) To attack the problem of recession, you must select at least one Monetary Policy tool and one Fiscal Policy tool. Write down the name of your Fiscal Policy tool and your Monetary Policy tool. Think the options through and write down your choices. B) Please explain why you selected the tools that you selected and why you did not select the other choices? Do this for both monetary and fiscal policy tools! Specifically, explain what is so good about the tool you selected and what is not so good about the tools you did not select? Do this for both the Monetary Policy tool and the Fiscal Policy tool. The key here is to use some decision criteria in making your choice. C) Thoroughly and completely explain how your solution (both monetary and fiscal policy tools) would work to…Question 2 a. Explain why aggregate demand curve is downward sloping? b. What is the difference between monetary and fiscal policy?
- This course is designed to provide an understanding of market economies and the fluctuations they are subject to. With this in mind, please answer the questions that follow. a) Assume the economy is in a recession. Discuss how the government could implement fiscal policy to deal with the recession and the steps by which fiscal policy moves the economy out of the recession b) Why is the shape of the aggregate supply curve important in understanding the impact of monetary and fiscal policy?Question: In an economy experiencing stagflation, characterized by simultaneous high inflation and high unemployment, which of the following policy combinations would most likely exacerbate the situation? a) Increasing government spending and reducing interest rates b) Decreasing government spending and increasing taxes c) Implementing tight monetary policy and expanding fiscal policy d) Raising interest rates and reducing government spendingQuestion 8 Which of the following are true about fiscal and monetary policy? There may be more than one answer. a) A change in tax policies can affect output in the long-run. b) A change in government purchases can affect output in the short-run. c) Since money supply can only affect prices, it can never affect output in the long-run. d) Since money supply can only affect prices, it can never affect output in the short-run.
- This week's City Council Scenario: The Federal Government is developing a plan to help the nation's economy. There are some calling for Expansionary Fiscal Policies while others are in favor of Expansionary Monetary Policies. Prepare a response to help the townspeople understand the plans being presented at the Federal Level. Contrast Expansionary Fiscal policies and Expansionary Monetary policies. Explain the effect of Fiscal and Monetary policies on the economy. Discuss the drawbacks of not using any policies to help the economy.In an attempt to promote renewable energy, the government provides an annual rebate to those who install solar panels on their roofs. What type of economic policy would this represent? a) Fiscal policy b) Monetary policy c) Both fiscal policy and monetary policy d) Neither fiscal nor monetary policy Asap.BQ.1.2Distinguish between monetary and fiscal policy.
- Explain in a tabular form any eight differences between Monetary and Fiscal Policya) Discuss monetary policy and fiscal policy by comparing and contrasting their effects in the short run and in the long run. b) Why do we say that monetary policy is neutral in the long run? If so, why is it being used and considered as useful? c) Can we say that fiscal policy is neutral as well?What is ? 1-)Potential GDP 2-)Monetary Policy 3-)Fiscal Policy