The government establishes policies in order to smoothen the fluctuations including monetary policies or fiscal policies. Monetary policies are to influence the interest rates, and supply of money. Fiscal policies influence resource allocation, redistribution of income, and stabilising the economy. ...

• Word Count: 750
• Approx Pages: 3
• Grade Level: Undergraduate

The farmers are also benefitted through this policy as shades are provided for the crops and to further protect the biodiversity and forest ecosystem. ... Health and Safety The policy also help the employees to gain knowledge of various machines in order to avoid accidents in the organisation. ... In an open economy, government policy that affects national income and interest rates also affects supplies of and demands for foreign currencies. ...

• Word Count: 6987
• Approx Pages: 28
• Has Bibliography
• Grade Level: Undergraduate