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 The Trial of Monty Terry
requirement, the discount rate, and open market operations, which has a subsequent impact on the federal funds rate.) 6. What are the similarities between monetary policy and fiscal policy? (Both use tools to solve macroeconomic problems and thereby stabilize the economy featuring growth in the GDP...
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requirement, the discount rate, and open market operations, which has a subsequent impact on the federal funds rate.) 6. What are the similarities between monetary policy and fiscal policy? (Both use tools to solve macroeconomic problems and thereby stabilize the economy featuring growth in the GDP without inflation.) 7. What are some of the weaknesses of fiscal policy as compared with monetary policy? (Weaknesses of fiscal policy include problems with timing, including the lag in recognition that a
8 0 http://www.frbatlanta.org/publica/extra_credit/2007/spring/lessonTrialofMontyTerry.pdf#page=8 www.frbatlanta.org/publica/extra_credit/2007/spring/lessonTrialofMontyTer...
requirement, the discount rate, and open market operations, which has a subsequent impact on the federal funds rate.) 6. What are the similarities between monetary policy and fiscal policy? (Both use tools to solve macroeconomic problems and thereby stabilize the economy featuring growth in the GDP without inflation.) 7. What are some <span class="highlight">of</span> the weaknesses <span class="highlight">of</span> fiscal policy as compared with monetary policy? (Weaknesses <span class="highlight">of</span> fiscal policy include problems with timing, including the lag in <span class="highlight">recognition</span> that a