The level of employment-output and price stability

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Assume that you are an expert in economic policy. Advise colleagues on variables that are influential in determining the level of employment, output, and price stability.

In order to ensure that your colleagues understand the distinction between fiscal and monetary policy, identify the major tools of each, and relate these to their effect on the variables that you have identified. Offer a concrete example of a fiscal policy initiative.

Please be more specific.

Reference no: EM131161891

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