Respond to the following in a minimum of 175 words:
Compare and contrast active fiscal policy with passive fiscal policy. Be sure you define active fiscal policy and passive fiscal policy. Should the Federal government conduct active fiscal policy or simply adopt passive fiscal policies? Why or why not?
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Write My Essay For MeCompare and contrast active monetary policy with a passive monetary policy. Be sure you define active monetary policy and passive monetary policy. Should the Federal Reserve conduct an active monetary policy or simply adopt passive monetary policies? Why or why not?
Hints: See the sections of our textbook called Limitations of Fiscal Policy and Limitations of Monetary Policy.
SAMPLE SOLUTION
Strategic planning lays emphasis on a top-down approach where an organization’s top management and designated planning units establish organizational plans and goals. These are intended to cover the whole organization. Tactical and operational managers are the recipients of the plans and goals formulated at the top executive board and they align with their own planning activities to ensure they meet the strategic goals. With this, strategic planning becomes a long term planning initiative while operational and tactical planning are short term initiatives focusing on short term…
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