The role of fiscal policy is to counteract undesirable trends-- to push the economy out of recession and to slow it down if it becomes overheated and inflation occurs. If the economy is headed downward into a recession, fiscal policy is often used to stimulate the economy. ... The Keynesian way of thinking does tend to overlook secondary effects that fiscal policy can have on credit market conditions. ... Under monetary policy, the Fed often has difficulty dealing with recessions. ... This is why fiscal policy is a more reliable and better fit choice. ...

• Word Count: 714
• Approx Pages: 3
• Grade Level: Undergraduate

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

This has been brought about by (amongst other things) the relaxation of foreign exchange policies and macroeconomic policies geared towards attracting foreign investors into the country. The fiscal and monetary policies of the government geared towards maintaining growth with social justice have largely contributed towards this, evidenced by all economies averaging a growth rate. ... This has been brought about by the relaxation of foreign exchange policies and macroeconomic policies geared towards attracting foreign investors into the country. The fiscal and monetary policies of the governmen...

• Word Count: 6484
• Approx Pages: 26
• Has Bibliography
• Grade Level: Undergraduate