Question in economic policy
You have been asked by the Presidents Economic Advisors to sit on a committe considering fiscal policy to address the economy's current problem of slow growth. What fiscal policy will you recommend to the Presidents Advisors?
Continuing with and expanding the strategic analysis of your company --- you did such a great job on Fiscal Policy recommendations that you have been asked by the Fed Chairman to sit on a committe considering Monetary Policy to address the economy's current problem of slow growth. What Monetary Policy will you recommend to the Fed and how will your policy recommendations above affect your own company?
Are there any potential conflicts of interest in making your recommendations (that is, your own company's benefit vs. the overall good of the economy)?
Do these recommendations affect any of your decisions regarding the price of your product or the quantity of the product you are choosing to produce? What other business decisions are impacted as well, and how? Explain