76 776
Assignments Done
Successfully Done
In June 2019

Answer to Question #63343 in Macroeconomics for dennis

Question #63343
fiscal policy needs monetary policy to be fully effective illustrate this statement using the IS-LM MODEL
Expert's answer
For example, stimulative fiscal policy will move IS curve to the right. It will increase the level of output. On the other hand, the interest rate is also going to grow. In order to increase the output and remain the interest rates on stable level, it is important to conduct also stimulating monetary policy. That is why these two types of macroeconomic policies are interdependent.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions