How would they be affected by alternative policy combination

Reference no: EM131136486

"We can have the GDP path we want equally well with a tight fiscal policy and an easier monetary policy, or the reverse, within fairly broad limits. The real basis for choice lies in many subsidiary targets, besides real GDP and inflation, that are differentially affected by fiscal and monetary policies." What are some of the subsidiary targets referred to in the quote? How would they be affected by alternative policy combinations?

Reference no: EM131136486

Questions Cloud

Verbally and graphically explains the benefits of trade : Verbally and graphically explains the benefits of trade from the perspective HO models. - List and briefly explain the two main implications of trade according to this model.

What is the required policy mix : What is the required policy mix? Use an IS-LM diagram to show your policy proposal.

Describe the genetically modified microorganisms technology : Describe the Genetically modified microorganisms technology. Discuss what it accomplishes. Elaborate on the scientific principles that make this technology possible.

Why is transformative education a better approach : On page 8 of the book excerpt "Perceiving and Responding to Differences," Gonzalez-Mena asks the following question: Why is transformative education a better approach than simple parent education in the face of cultural differences?"

How would they be affected by alternative policy combination : What are some of the subsidiary targets referred to in the quote? How would they be affected by alternative policy combinations?

What would happen to the supply of a particular product : Other factors remaining the same, what would happen to the supply of a particular product of the following changes occur?

Which is a principle of the holistic approach to medicine : Which of the following is a principle of the holistic approach to medicine? Regarding problems in American schools, which of the following statements is true?

How could we create a virtual world with technology : With the advent of the Internet and advanced graphics technology, humans have recently created virtual realities within cyberspace (itself a virtual reality) that allows us to interact with other people in a constructed space through computers, wi..

Process with the process that bertier used to resolve : Process with the process that Bertier used to resolve the situation - State how Gerry Bertier used each of the following steps in the decision-making process

User Account

All Pages