Implementing Macro-Policy

A. What are the problems associated with implementing a macro policy?

The major problem associated with the implementation of a macroeconomic policy is that it is difficult to make such policies sufficient selective to target specific facets of the economy that may require attention. Rather, a macroeconomic policy is comparable to the use of a shot gun where everyone is hit. A second problem with the implementation of a macroeconomic policy is that the length of time required for policy to produce results. In the intervening period, other factors may (probably will) change to an extent that makes it difficult to a

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Category: Economics - I