Topic > Macroeconomic Objectives Essay - 1754

These two policies are used to try to shorten recessions. Fiscal policy has its initial impact on goods markets, then monetary policy has its initial impact mainly on asset markets, which affect both the level of output and interest rates. (R. Dornbusch et al., 2008) In every economy, there are 4 main and 4 additional objectives of the government's macroeconomic objectives. We can point out that the objectives have their own conflicts that make it difficult to achieve them simultaneously among the government's macroeconomic objectives. Therefore, the government uses different policies to minimize conflict. In my opinion, the most important aspect is that the government should consider the importance of the government's macroeconomic objectives and which government should prioritize. This will be an easier way for the government to allocate resources and will help focus the government's macroeconomic objectives