AB 204 Week 10 Discussion 1 | Assignment Help | Kaplan University

AB 204 Week 10 Discussion 1 | Assignment Help | Kaplan University 

Unit 10 Discussion Topic 1

Debates in Macroeconomics

The Discussion topics deal with the six debates over macroeconomic policy, which include stabilization policy, government spending, monetary policy on rules versus discretion, zero inflation target, balanced budget, public debt, and reforming tax laws.

Read Chapter 23, and remember to include references and links to the websites that are important contributors to your posts (comments).

There are pros and cons of using monetary and fiscal policy tools to stabilize the economy.

1.   Explain the main arguments in favor of economic stabilization during recessions. Explain why policy lags could make stabilization policies counterproductive.

2.   What are the justifications given in favor of more government involvement in the market economy? What are the reasons given in favor of less government involvement in the market economy?

 

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