For Each of the Following Policies Indicate Whether the Policy

question 51

Essay

For each of the following policies indicate whether the policy is a monetary or a fiscal policy,an active or a passive policy,and a policy by rules or with discretion:
a.the central bank follows a policy of allowing the money supply to grow at a constant 4 percent per year;
b.the government follows a policy of keeping government spending over a calendar year equal to government revenue over the calendar year;
c.the central bank uses judgment to adjust the growth of the money supply based on expectations of what will happen to output and inflation over the next five years.d.the government keeps tax laws unchanging and allows government spending to change,depending on which spending bills are passed by the legislature.e.the central bank follows a policy of adjusting the money supply according to a formula based on deviations of unemployment from the natural rate of unemployment.

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Definitions:

NCVIA

National Childhood Vaccine Injury Act, a law established in 1986 to reduce the potential financial liability of vaccine makers due to vaccine injury claims and to ensure a stable market supply of vaccines.

National Childhood Vaccine Injury Act

A federal law established in 1986 to reduce the potential financial liability of vaccine manufacturers due to vaccine injury claims and to ensure a stable market for vaccines.

Lot Numbers

Lot numbers are identification codes assigned to batches of products, enabling manufacturers to track and trace the production and distribution of their goods.

Adverse Events

Unintended and harmful occurrences associated with the use of a medical product or procedure, including side effects, complications, or other negative reactions.