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Title |
Economic Policy Tools
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Author |
Dennis Kaufman |
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Category
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Public Economics
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Subject |
Economic Policy |
Type |
Interactive Tutorial |
Description |
Interactive tutorial on Economic Policy: To achieve the economic goals of low unemployment and stable prices, the Congress and the President can use two fiscal policy instruments, government spending and taxation to affect real GDP and the price level. In addition, the Federal Reserve can use three monetary policy instruments, open market operations and changes in the discount rate and required reserve ratio to change real GDP and the price level. |
URL |
http://www.whitenova.com/thinkEconomics/policy.html |
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Copyright © 2006 Experimental Economics Center. All rights reserved.
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