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MONETARY & FISCAL POLICY (Fiscal Policy (Types (Expansionary Fiscal…
MONETARY & FISCAL POLICY
Fiscal Policy
The use of Taxation and Expenditure Strategies
Types
Expansionary Fiscal Policy
Contractionary Fiscal Policy
Fiscal Policy
TOOLS
Business Tax Policy
Individual Taxes
Government Spending Strategy
Objectives
Full Employment
Price Stability
To Accelerate the rate of Economic Growth
Optimal Allocation of Resources
Equal Distribution of Income & Wealth
Economic stability
Capital Formation & Growth
To Encourage Investment
Monetary Policy : Definition
Plan of Action to Control Money Supply and Interest Rate in an Economy
Monetary Policy : Types
Expansionary
Contractionary
Monetary Policy:
Objectives
Neutrality of Money
Stability of Exchange Rate
Price Stability
Full Employment
Economic Growth
Equilibrium in the Balance of Payments
Monetary Policy:
TOOLS
Reserve Setting
Interest Rate
Discount Rate
Treasury & Securities