Question: If you could answer these or locate a document with the answers it would be greatly appreciated. 12 PL OZ (355 mill Fiscal & Monetary

If you could answer these or locate a document with the

If you could answer these or locate a document with the answers it would be greatly appreciated.

answers it would be greatly appreciated. 12 PL OZ (355 mill Fiscal

12 PL OZ (355 mill Fiscal & Monetary Policy Chart Fiscal Policy Monetary Policy What is it? Who does it? Specific Tools Problems with Policy Draw an AD/AS model below full employment. Show the Draw an AD/AS model below full employment. Show the shift shift if the policy outlined below were implemented. if the policy outlined below were implemented. Expansionary Policies Specific fiscal policy actions to close a recessionary gap: Specific monetary policy actions to close a recessionary gap: Draw an AD/AS model above full employment. Show the Draw an AD/AS model above full employment. Show the shift shift if the policy outlined below were implemented. if the policy outlined below were implemented. Contractionary Policies Specific fiscal policy actions to close an inflationary gap: Specific monetary policy actions to close an inflationary gap: Page 2

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