Differences between fiscal and monetary policy

Reference no: EM133213707

Assignment - Fiscal and Monetary Policy Questions

Q1. What are the primary differences between Fiscal and Monetary policy? Which do you think is more effective at managing the economy?

Q2. What do the terms Strong Dollar and Weak Dollar mean in the context of international trade? Which would you prefer to have, and why?

Q3. What are some of the ethical problems that could arise as your firm goes international?

Q4. The Invisible Hand is a process of turning one's self-gain into economic and social benefits for all. Do you think this process is apparent in majority of business ventures or a case of few occurrences? Second, is a business a benefit if it promotes economic benefits but social harm, such as pollution?

Q5. The unemployment rate is affected by many different forms of unemployment, some out of the hands of the workers, but most recently the Covid 19 pandemic. Many Americans took advantage of the government's assistance for months but in doing so spent millions of dollars, which in turn, negatively affected our economy. Should the government assist all unemployment applicants and should there be a limit for how long?

Reference no: EM133213707

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