Author: Paul Haarman

A guide to fiscal policy by Paul Haarman

The ruling authority exercises adjustments on the spending levels and alterations to tax rates through a fiscal policy. It can influence and monitor the economy of a country says Paul Haarman. Similar to the monetary policy, the central bank is held responsible for controlling a nation’s money supply. Often fiscal policy and monetary policy are […]

Advantages and Disadvantages of Monetary vs. Fiscal Policy as Analyzed by Paul Haarman

To influence the outcome of macroeconomic productivity, the ruling authority of a nation relies upon either a combination of singular fiscal policy or monetary policy says Paul Haarman. While monetary policy includes managing the money supply and interest rates through central banks, to stimulate an ailing financial system, the reserve bank cuts interest rates, makes […]

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