a) Market participants, including financial institutions, fund managers and corporations, must understand monetary policy setting impacts on economic activity and the business cycle. A central bank will typically implement monetary policy settings in order to achieve certain economic outcomes over a business cycle. Choose two countries from the list below, describe the intermediate target for monetary policy, and explain the implementation process of the monetary policy in the two countries you selected. Give examples of different economic indicators that may give an insight into the future stages of a business cycle. ● the United States Australia • Singapore ● China ● ● Russia New Zealand

a) Market participants, including financial institutions, fund managers and corporations, must understand monetary policy setting impacts on economic activity and the business cycle. A central bank will typically implement monetary policy settings in order to achieve certain economic outcomes over a business cycle. Choose two countries from the list below, describe the intermediate target for monetary policy, and explain the implementation process of the monetary policy in the two countries you selected. Give examples of different economic indicators that may give an insight into the future stages of a business cycle. ● the United States Australia • Singapore ● China ● ● Russia New Zealand

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter15: The Debate Over Monetary And Fiscal Policy

Section: Chapter Questions

Problem 8DQ

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