Answer to Question #214764 in Finance for judas

Question #214764

The spread of COVIC-19 across all countries of the world resulted in resorting to various forms of lockdown measures. The locks down measures crippled many economies including the South African Economy. To resuscitate these economies, there is renewed interest in fiscal policy as a tool macroeconomic policy. Critically discuss the shortcomings of anti-cyclical policy?


1
Expert's answer
2021-07-11T23:53:01-0400

The anti-cyclical policy will lower the interest rates to increase the money supply to the economy. This will lead to unemployment because companies will try to reduce costs incurred by laying off workers.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS