Answer to Question #97645 in Economics of Enterprise for Nevaeh Martinez

Question

Now that you have analyzed both sides of fiscal and monetary policy, it's time to create a debate for a television news show. Choose the information you compiled in either task 1 or task 2, and compose a script that meets these requirements: • Write 10 lines of dialogue each for two characters (20 dialogue lines in total). The dialogue must be economics related and relevant. . One character must take your viewpoint , and the other character must take the opposing viewpoint. • Script each character's rationale for why the specific action they believe in should be taken, • Include each character's main opposition to the opposing viewpoint . • Ensure that each character questions the other about points of perceived bias, with each character responding to the other's question.

Answer 1

Monetary policy involves changing the interest rate and influencing the money supply. Fiscal policy involves the government changing tax rates and levels of government spending to influence aggregate demand in the economy.