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Essay

Open Market Operations

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Issue:

History

 

Written by:

Ralph B

 

Date added:

October 20, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 495

 

Was viewed:

5471 times

 

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Essay content:

Discretionary policy is also used when there are changes in Government policies that deal with spending and taxing in the prior year to help stabilize the economy, it affects output, employment, and aggregate demand. Monetary and fiscal policies are discretionary tools (O’Sullivan, Scheffrin, & Perez, 2008)...
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These are all tools of the fiscal policy (O’Sullivan et.al, 2008). The president and congress rule on the policy before it is put into place. Making a change on one side of the equation has a distinct effect on the other side, but this is not always the desired effect. The goals and objectives of fiscal policy are to maintain productivity levels by increasing and decreasing tax levels and public spending, to control inflation, increase employment, and maintain a healthy value of money by finding a balance in influences...
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