unemployment rate is a measure of
5 answers
is it frictional unemployment
what part of the government is in charge of fiscal policy and monetary policy??
what should congress and the president do to help end an economic recession
is it to raise taxes and lower government spending??
and what should the federal reserve do to help end an economic recession
is it
decrease discount rate
increase reserve requirements
sell securities
increase interest rates
pump less money into the economy
is it to raise taxes and lower government spending??
and what should the federal reserve do to help end an economic recession
is it
decrease discount rate
increase reserve requirements
sell securities
increase interest rates
pump less money into the economy
So many questions!
1. It measures unemployment in relation to the pool of available workers. Friction is not involved.
2. Fiscal policy is a function of the Congress and the president. Monetary policy is largely reserved to the Federal Reserve Bank.
3. What can be done to help in recession is open to political debate. Some say INCREASE government spending, some say lower taxes so people have more pocket money to spend...some say something else.
4. Decrease the discount rate is the first thing they usually do.
1. It measures unemployment in relation to the pool of available workers. Friction is not involved.
2. Fiscal policy is a function of the Congress and the president. Monetary policy is largely reserved to the Federal Reserve Bank.
3. What can be done to help in recession is open to political debate. Some say INCREASE government spending, some say lower taxes so people have more pocket money to spend...some say something else.
4. Decrease the discount rate is the first thing they usually do.
Make sure you understand the difference between fiscal policy and monetary policy. They are not the same.
And please read your text. It may take sides in the policy debate about how government can help in a recession. in all truth, government action can ease the effects of a recession or depression, but can do little to fix it. But see what your assigned reading says, don't take my word for it.
And please read your text. It may take sides in the policy debate about how government can help in a recession. in all truth, government action can ease the effects of a recession or depression, but can do little to fix it. But see what your assigned reading says, don't take my word for it.
1 answer