Fiscal Policy versus Monetary Policy Term Paper by Top Papers

Fiscal Policy versus Monetary Policy
A look at the difference between fiscal policy and monetary policy.
# 132856 | 1,000 words | 5 sources | MLA | 2007 | US
Published on Dec 01, 2007 in Economics (National) , Economics (Public Finance)


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Description:

This paper defines monetary policy versus fiscal policy, highlighting the differences in these two economic approaches. According to the paper, monetary policy typically an area of responsibility that rests the central bank structure within the U.S. and is directed by the Federal Reserve Chairman. Fiscal policy is a responsibility that generally rests with the federal government.

From the Paper:

"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. Fiscal policy is a responsibility that generally rests with the federal government. 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 (Cleaver 83)."

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APA Format

Fiscal Policy versus Monetary Policy (2007, December 01) Retrieved December 03, 2021, from https://www.academon.com/term-paper/fiscal-policy-versus-monetary-policy-132856/

MLA Format

"Fiscal Policy versus Monetary Policy" 01 December 2007. Web. 03 December. 2021. <https://www.academon.com/term-paper/fiscal-policy-versus-monetary-policy-132856/>

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