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    aintaining value of money and generating employment opportunities.

    The role of the government’s economists is

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    The means by which a government controls its spending to monitor or influence the economy is called the fiscal policy. It is a strategy adopted along with the monetary policy which controls the money supply through the central bank.

    Fiscal policy is based on Keynesian Economics and theories which states that governments can control economic productivity by keeping tabs on taxes and public spending. This process automatically curbs inflation levels in turn maintaining value of money and generating employment opportunities.

    The role of the government’s economists is t

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    y. It is a strategy adopted along with the monetary policy which controls the money supply through the central bank.

    Fiscal policy is based on Keynesian Economics and theories which states that governments can control economic productivity by keeping tabs on taxes and public spending. This process automatically curbs inflation levels in turn maintaining value of money and generating employment opportunities.

    The role of the government’s economists is

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    Fiscal policy is based on Keynesian Economics and theories which states that governments can control economic productivity by keeping tabs on taxes and public spending. This process automatically curbs inflation levels in turn maintaining value of money and generating employment opportunities.

    The role of the government’s economists is

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    roductivity by keeping tabs on taxes and public spending. This process automatically curbs inflation levels in turn maintaining value of money and generating employment opportunities.

    The role of the government’s economists is

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    aintaining value of money and generating employment opportunities.

    The role of the government’s economists is therefore not limited only to implement these theories but to find the fine balance at which they would yield best results in the given economic scenario. For example if the money supply increases, it will increase demand, resulting in devaluation of money. This means a citizen has to pay more money for a good which has not really changed its worth or value. This balancing act is very crucial to any economy – strong or weak, to maintain a consistent growth rate.

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