Module 14 Discussion: Macropolicy

Respond to the following prompt in a post with a minimum of 250 words, then comment on at least TWO other posts.

  • In this module we learned about a number of real world complications that make monetary and fiscal policy more challenging than simple theory would suggest. Given the state of the economy and the causes of that state—think back to earlier discussions about the current economy—what should be the appropriate mix of fiscal and monetary policy, from a Keynesian perspective? From a neoclassical perspective? Which makes the most sense to you? Provide evidence (include and least one link/citation) to provide support to your conclusion.