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o describe tools of fiscal policy, including their advantages and disadvantages; Flashcards Preview
L1 19 Monetary and Fiscal Policy
> o describe tools of fiscal policy, including their advantages and disadvantages; > Flashcards
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o describe tools of fiscal policy, including their advantages and disadvantages;
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L1 19 Monetary and Fiscal Policy
Class (20):
Monetary And Fiscal Policy
A Compare Monetary And Fiscal Policy;
B Describe Functions And Definitions Of Money;
C Explain The Money Creation Process;
D Describe Theories Of The Demand For And Supply Of Money;
E Describe The Fisher Effect;
F Describe Roles And Objectives Of Central Banks;
G Contrast The Costs Of Expected And Unexpected Inflation;
H Describe Tools Used To Implement Monetary Policy;
I Describe Qualities Of Effective Central Banks;
J Explain The Relationships Between Monetary Policy And Economic Growth, Inflation, Interest, And Exchange Rates;
K Contrast The Use Of Inflation, Interest Rate, And Exchange Rate Targeting By Central Banks;
L Determine Whether A Monetary Policy Is Expansionary Or Contractionary;
M Describe Limitations Of Monetary Policy;
N Describe Roles And Objectives Of Fiscal Policy;
O Describe Tools Of Fiscal Policy, Including Their Advantages And Disadvantages;
P Describe The Arguments About Whether The Size Of A National Debt Relative To Gdp Matters;
Q Explain The Implementation Of Fiscal Policy And Difficulties Of Implementation;
R Determine Whether A Fiscal Policy Is Expansionary Or Contractionary;
S Explain The Interaction Of Monetary And Fiscal Policy.