In a global economy,a problem with using fiscal and monetary policies to fix the problems in our country is that they:

Question

Quizplus · Accepted Answer

Fiscal and monetary policies can have an impact on the global economy, which can lead to other countries taking retaliatory actions, such as increasing tariffs or implementing other trade barriers. This can escalate into a trade war, which can harm the economy of all nations involved. Therefore, policymakers should be cautious when implementing fiscal and monetary policies to avoid such outcomes.

In a Global Economy,a Problem with Using Fiscal and Monetary