07 Jun Question 1. Compare and contrast monetary and fiscal
Question
1. Compare and contrast monetary and fiscal policy in the context of an economy experiencing a recessionary gap. What are the policy options of each and how does each policy work? What are the advantages and disadvantages of using either monetary or fiscal policy? After your general discussion, recommend a specific, detailed policy for addressing the current recessionary gap. Use an AD-AS diagram (draw and scan or create on your computer) to show the short run and long run effects of using the policy you chose.
2. Choose one (1) of the following and discuss. Indicate your choice clearly in your answer:
a) Debt reduction vs. stimulus for economic recovery during a recession: What are your recommendations to the current administration considering the state of the economy and the level of national debt? What are the implications of your recommended course of action? Use an AD-AS model (draw and scan or create on your computer) to illustrate the effects of such a policy during a recession. Cite readings and/or presentations to support your comments.
b) Keynes vs. Hayek: What are their perspectives on the role of government in the economy? Whose theories do you think are more useful in the current economic situation? What implications does the theory you chose have for individuals, communities, and the aggregate economy? Cite readings and/or presentations to support your comments.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.