Despite its tendency to be scapegoated, the repeal of the Glass-Steagall Act was, at most, a minor contributor to the…
Read MoreHow to Control Stagflation
Stagflation is an economic condition that combinesslowgrowthand relatively high unemploymentwithrising prices, or inflation. The standard macroeconomic remedies for inflation or…
Read MoreWho Prints Money in the U.S.?
Printing Money: An Overview If you’re wondering where all the money comes from, you should know that it comes from…
Read MoreWho Regulates the Printing of Money in India?
The Reserve Bank of India The Reserve Bank of India(RBI), headquartered in Mumbai, India, manages currency in India. The bank’s…
Read MoreWho Sets Fiscal Policy—the President or Congress?
Fiscal policy refers to the actions taken by governments to help direct their economies. In the United States, both the…
Read MoreWhat Are Some Examples of Expansionary Fiscal Policy?
Examples of expansionary fiscal policy include tax cuts and increased government spending. Both of these policies are intended to increase…
Read MoreHow Can a Change in Fiscal Policy Have a Multiplier Effect on the Economy?
A change in fiscal policy can result in a multiplier effect throughout an economy. Any increase or decrease in government…
Read MoreHow Do Fiscal and Monetary Policies Affect Aggregate Demand?
Aggregate demand is a macroeconomic concept representing the total demand for goods and services in an economy. It’s often used…
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