Question
Fill in the Blanks: _____________ involves
changing the interest rate and influencing the money supply. _____________ involves the government changing tax rates and levels of government spending to influence aggregate demand in the economy.Solution
Monetary policy is typically implemented by a central bank, while Fiscal Policy decisions are set by the national government. Both monetary and fiscal policy may be used to influence the performance of the economy in the short run.
More ESI Questions
- Suppose both the roots of q² + kq + 49 = 0 are real and equal, then determine the value of 'k'.
I. 84x² - 167x - 55 = 0
II. 247y² + 210y + 27 = 0
l). 2p² + 12p + 18 = 0
ll). 3q² + 13q + 12 = 0
I. 2x² - 9x + 10 = 0
II. 3y² + 11y + 6 = 0
I. 6x2 - 47x + 77 =0
II. 6y2 - 35y + 49 = 0
I. 12a2 – 55a + 63 = 0
II. 8b2 - 50 b + 77 = 0
...I. 2y2 – 19y + 35 = 0
II. 4x2 – 16x + 15 = 0
I. 5x² - 24 x + 28 = 0
II. 4y² - 8 y - 12= 0
In each of these questions, two equations (I) and (II) are given.You have to solve both the equations and give answer
I. x2 – ...
I.8(x+3)+ 8(-x)=72
II. 5(y+5)+ 5(-x)=150
