{"id":2272,"date":"2015-06-19T21:20:53","date_gmt":"2015-06-19T21:20:53","guid":{"rendered":"https:\/\/courses.candelalearning.com\/masterymacro1xngcxmaster\/?post_type=chapter&#038;p=2272"},"modified":"2015-07-15T20:25:55","modified_gmt":"2015-07-15T20:25:55","slug":"outcome-real-world-macro-policy-options","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/suny-macroeconomics\/chapter\/outcome-real-world-macro-policy-options\/","title":{"raw":"Outcome: Real World Macro Policy Options","rendered":"Outcome: Real World Macro Policy Options"},"content":{"raw":"<h2>What you\u2019ll learn to do: Identify appropriate macro policy options in response to the state of the economy<\/h2>\r\nIn this section, we will analyze how changes in the market impact the equilibrium price.\r\n\r\nThe specific things you\u2019ll learn in this section include:\r\n<ul>\r\n\t<li>Understand the effectiveness and limitations of fiscal and\/or monetary policy for a given state of the economy<\/li>\r\n\t<li>Choose an appropriate fiscal and monetary policy for a given state of the economy<\/li>\r\n<\/ul>\r\n<h3>LEARNING ACTIVITIES<\/h3>\r\nThe learning activities for this section include:\r\n<ul>\r\n\t<li>Reading:\u00a0Introduction to Real World Macro Policy Options<\/li>\r\n\t<li>Self Check: Real World Macro Policy Options<\/li>\r\n\t<li>Reading: Lessons from the 1970s<\/li>\r\n\t<li>Self Check: Lesson from the 1970s<\/li>\r\n\t<li>Reading: Crowding Out Revisited<\/li>\r\n\t<li>Self Check: Crowding Out Revisited<\/li>\r\n\t<li>Reading: Practical Problems with Discretionary Fiscal Policy<\/li>\r\n\t<li>Self Check: Practical Problems with Discretionary Fiscal Policy<\/li>\r\n<\/ul>\r\nTake time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.","rendered":"<h2>What you\u2019ll learn to do: Identify appropriate macro policy options in response to the state of the economy<\/h2>\n<p>In this section, we will analyze how changes in the market impact the equilibrium price.<\/p>\n<p>The specific things you\u2019ll learn in this section include:<\/p>\n<ul>\n<li>Understand the effectiveness and limitations of fiscal and\/or monetary policy for a given state of the economy<\/li>\n<li>Choose an appropriate fiscal and monetary policy for a given state of the economy<\/li>\n<\/ul>\n<h3>LEARNING ACTIVITIES<\/h3>\n<p>The learning activities for this section include:<\/p>\n<ul>\n<li>Reading:\u00a0Introduction to Real World Macro Policy Options<\/li>\n<li>Self Check: Real World Macro Policy Options<\/li>\n<li>Reading: Lessons from the 1970s<\/li>\n<li>Self Check: Lesson from the 1970s<\/li>\n<li>Reading: Crowding Out Revisited<\/li>\n<li>Self Check: Crowding Out Revisited<\/li>\n<li>Reading: Practical Problems with Discretionary Fiscal Policy<\/li>\n<li>Self Check: Practical Problems with Discretionary Fiscal Policy<\/li>\n<\/ul>\n<p>Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.<\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-2272\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li><strong>Authored by<\/strong>: Steven Greenlaw and Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":74,"menu_order":15,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"\",\"author\":\"Steven Greenlaw and Lumen 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