Potential success of fiscal policy and monetary policy

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Question

Compare and contrast the full potential success of fiscal policy and monetary policy as well as their respective limitations and drawbacks. Within your answers, consider the following: '

- ldentify and summarize the market dynamics involved in both kinds of centrally coordinated policies.

- Who is in charge of these policies, and how do their different multipliers work?

- Given your analysis here and, using your knowledge from ALL of the material we have covered this semester, what are the best ways to solve macroeconomic problems such as unemployment and inflation, or even political economy issues like inequality?

Reference no: EM133640735

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