Modern Monetary Policy:

Whether monetary policy is guided by strict as well as rigid rules or made by authorities using their discretion to come up with the best policy for the particular--unique--situation, one question remains- what sort of rule must be adopted or how must the authority behave? What sort of guidelines for monetary policy must those who set the rules or those who staff the authorities follow?

Economists think that one set of rules to avoid are those that command the central bank to attain values for real economic variables similar to the rate of growth of real GDP or the level of the unemployment rate. The rate of growth of real GDP is partial in the long run by the rate of growth of potential output. The stage of the unemployment rate is in the long run controlled by the natural rate of unemployment. A central bank aim of too high a rate of real GDP growth or too low a level of the unemployment rate is about to end in upward spiraling inflation. A policy that aims nominal variables like the nominal money stock or nominal GDP or the inflation rate is robust in the sense that it doesn’t run the risk of leading to disaster if our assessment of the macroeconomic structure of the economy turns out to be wrong.

Latest technology based Macroeconomics Online Tutoring Assistance

Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Macroeconomics help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Macroeconomics, project ideas and tutorials. We provide email based Macroeconomics help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Macroeconomics. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Macroeconomics Homework help and assignment help services. They use their experience, as they have solved thousands of the Macroeconomics assignments, which may help you to solve your complex issues of Macroeconomics. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.