1. Should Monetary and Fiscal Policymakers Try to Stabilize the Economy?

2/1/2001


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Table of Contents

Five Debates over Macroeconomic Policy

Five Debates over Macroeconomic Policy

1. Should Monetary and Fiscal Policymakers Try to Stabilize the Economy?

Pro: Policymakers should try to stabilize the economy

Pro: Policymakers should try to stabilize the economy

Con: Policymakers should not try to stabilize the economy

Con: Policymakers should not try to stabilize the economy

Con: Policymakers should not try to stabilize the economy

2. Should Monetary Policy Be Made by Rule Rather Than by Discretion?

Pro: Monetary policy should be made by rule

Pro: Monetary policy should be made by rule

Pro: Monetary policy should be made by rule

Con: Monetary policy should not be made by rule

Con: Monetary policy should not be made by rule

3. Should The Central Bank Aim for Zero Inflation?

Pro: The central bank should aim for zero inflation

Pro: The central bank should aim for zero inflation

Con: The central bank should not aim for zero inflation

4. Should Fiscal Policymakers reduce the Government Debt?

Pro: The government should balance its budget

Pro: The government should balance its budget

Con: The government should not balance its budget

Con: The government should not balance its budget

5. Should The Tax Laws Be Reformed to Encourage Saving?

Pro: Tax laws should be reformed to encourage saving

Pro: Tax laws should be reformed to encourage saving

Pro: Tax laws should be reformed to encourage saving

Pro: Tax laws should be reformed to encourage saving

Con: Tax laws should not be reformed to encourage saving

Con: Tax laws should not be reformed to encourage saving

Con: Tax laws should not be reformed to encourage saving

Summary

Summary

Summary

Summary

Summary

Author: Mark P. Karscig

Email: stutes@mnstate.edu

Home Page: web.mnstate.edu/stutes