Here is the synopsis of our sample research paper on The Use of Fiscal Policy to Control Inflation and Unemployment. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 7 page paper discusses the use of fiscal policy to influence the levels of inflation and unemployment in an economy, including aspects such as the need for public borrowing and the way different measures may impact on the economy and how this is seen in the real world. The bibliography cites 6 sources.
Page Count:
7 pages (~225 words per page)
File: TS14_TEfisunempl.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
the economy are the levels of inflation and unemployment. The main tool of many governments has been the use of monetary policy, these are policies that influence the level and
availability in the economy and impact on the supply of money, such as the setting of interest rates (Nellis and Parker, 2000). The tools are seen as having a direct
and often short term impact on an economy. The favouritism of using monetary policy has been seen to dominant government financial management in the twentieth century, with this being
considered s an economic tool to the detriment of fiscal policies. With the changes in global economics and the need to allow market pressures to be felt are increasing
the need for government make use of fiscal policies. In addition to this there are also the issue created by the creation of the single European currency, and the creation
of the European Central Bank. Governments whos that are within this currency union have handed over monetary control to the new central bank, and as such are now restrained in
terms of the way they can manage their economy, meaning that only fiscal policies remain. These are the tools that need to be used to help control inflation and unemployment.
Top consider this we first have to look at what we mean by fiscal policy and then consider how it can be used.
Fiscal policy is the secondary financial tool that can be used by governments. Fiscal policy is the way that the government chooses to spend the income on goods and
services in order to have an impact on the macro environment and how these expenditures will be financed. There can also be fiscal policy at different levels. In the UK
...