Monetary v. Fiscal Policy
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In this article, the writer explains that monetary policy is typically an area of responsibility that rests the central bank structure within the U.S. and is directed by the Federal Reserve Chairman. The writer then notes that fiscal policy is a responsibility that generally rests with the federal government. The looks at both monetary and fiscal policies and discusses whether these produce conflict or cohesion.
From the Paper:"Monetary policy and fiscal policy both are concerned about short term economic performance but monetary policy is ideally designed to increase gross domestic product (GDP) and to control for inflationary pressures in the long-term. Conversely, fiscal policy is normally aligned with principles of short run economic growth while ..."
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Monetary v. Fiscal Policy (2006, December 01) Retrieved January 27, 2021, from https://www.academon.com/analytical-essay/monetary-v-fiscal-policy-130947/
"Monetary v. Fiscal Policy" 01 December 2006. Web. 27 January. 2021. <https://www.academon.com/analytical-essay/monetary-v-fiscal-policy-130947/>