macroeconomic

What Are The Primary Arguments For And Against The Independence Of The Fed?

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What Are The Primary Arguments For And Against The Independence Of The Fed? The main argument for Fed independence is that monetary policy—which affects inflation, interest rates, exchange rates, and economic growth—is too important and technical to be determined by politicians. a. The importance of monetary policy for the economy is also the main argument

What Are The Two Approaches Of Macroeconomics?

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What Are The Two Approaches Of Macroeconomics? These are two simple tools, the S&D for money and the S&D for labor. They are pretty well grounded in basic economic theory. There is a mountain of economic evidence in favor of each view. If there is a big rise in unemployment, then one of the two