(Answered) Since it takes time for monetary or fiscal policy to have

Economics

Since it takes time for monetary or fiscal policy to have an impact, is it faster to do nothing?

Using the policies together to "fix" the economy makes sense, but would require careful coordination to avoid "overdoing" it. And there are times when using them together could be disastrous; as right now. The Administration's tax cuts are strongly expansionary, so the Fed is watching carefully for signs of imminent inflation so they can start contractionary monetary policy to keep the economy under control . And if anyone knows someone who's crystal ball can accurately predict significant economic events, please get them to work, fast!

In the meantime, what alternatives do we have to the monetary and fiscal policy concepts in terms of avoiding or correcting economic disasters?

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M92776394
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Economics

Monthly water bills for a city have a mean of 10843 and a

Monthly water bills for a city have a mean of $108.43 and a standard deviation of $36.98. Find the probability that a randomly selected bill will have an amount greater than $165, which the city believes might indicate t ...

What effect does the teacher have on creating a learning

What effect does the teacher have on creating a learning environment with little to no behavior problems?

The tobacco industry is a prime example to consider when

The tobacco industry is a prime example to consider when talking about price elasticity of demand. While nicotine use can be addictive for many users, it is not addictive for the so-called "social smokers". What can we s ...

Doing research for insurance rates it is found that those

Doing research for insurance rates, it is found that those aged 30 to 49 drive an average of 38.7 miles per day with a standard deviation of 6.7 miles. These distances are normally distributed. If a group of 60 drivers i ...

The time spent in days waiting for a heart transplant can

The time spent (in days) waiting for a heart transplant can be approximated by a normal distribution. Day range of 60-200. u=129 o=20.2. (a) What is the shortest number of days spent that would put a patient in the top 3 ...

Eleven people have eleven different favorite numbers from 2

Eleven people have eleven different favorite numbers from 2 to 12. They all agree to participate in a 10,000-roll dice game where they bet $1 on their favorite number for each roll of two standard (fair) dice. A donor ki ...

As a single parent earning on a limited income how can you

As a single parent earning on a limited income, how can you stretch your grocery dollar to plan nutritious meals for you and your children? Would you seek the assistance of federal programs?

British environmentalist kate humble recently made the

British environmentalist Kate Humble recently made the following statement: "Everyone's going to hate me and call me a middle-class bitch but I'm past caring because I'm so incensed. Food waste is endemic but we don't va ...

Consider cy y2 2y 4 many firms have access to this

Consider: C(y) = y^2+ 2y + 4. Many firms have access to this technology, in fact so many that there is not room for all to profitably operate in the industry. The market demand for the product is given by P = 30-Y , wher ...

How are rbrvs intended to work and how will the change in

How are RBRVS intended to work and How will the change in relative prices across services and procedures affect resource allocation in medical care?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert