policy activism versus policy rules

Related BrainMass Solutions

• Policy activism vs policy rules

  One of the major issues in macroeconomics is disagreement in the debate over policy activism versus policy rules. What exactly is that disagreement? Any implications? 2.

• Policy activism

  a) countercyclical monetary changes b) procyclical monetary and fiscal policy changes c) government spending changes d) none of these 32) According to the Monetarists, Policy activism is difficult if not impossible to perform successfully because

• Trade Regulations & Industrial Policies: WTO

  goals versus protectionism?).

• Would personal growth have seemed less urgent in the past because standards in life were more firmly established?

  For example, 20 years ago, the pace of global competition, organization downsizing or rightsizing, shareowner activism, and outsourcing was less than it is today.

• elitist and pluralist democracies

  While it will be argued that money is a necessary evil for influencing the political process, groups like the Tea Party, who are highly dependant on citizen activism, have shown that money is not necessary to succeed in influencing public policy.

• Describe one approach to identity: social activism

  For both social activism which is pro-physically challenged people and for policy level push to gain formidable foothold on issues regarding safety, dignity and choices available for people in this group to function as close to normal as they can, other

• Fiscal and monetary policy

  Which of the two economists do you agree with more, and explain Keynes asserted that there should be policy activism or the government should take active fiscal policy steps to stabilize the economy.

• Discretionary policy & time inconsistency

  From another perspective rules based macroeconomic policy making vs. discretionary policy making is whether the rules based policy making is an ongoing process or is a series of unrelated decisions in discretionary policy.

• Discretionary fiscal policy versus automatic stabilizers

  Response provides guidance regarding discretionary fiscal policy versus relying on automatic stabilizers