<P> Macroeconomic policy is usually implemented through two sets of tools : fiscal and monetary policy . Both forms of policy are used to stabilize the economy , which can mean boosting the economy to the level of GDP consistent with full employment . Macroeconomic policy focuses on limiting the effects of the business cycle to achieve the economic goals of price stability , full employment , and growth . </P>
<P> Macroeconomic policy is usually implemented through two sets of tools : fiscal and monetary policy . Both forms of policy are used to stabilize the economy , which can mean boosting the economy to the level of GDP consistent with full employment . Macroeconomic policy focuses on limiting the effects of the business cycle to achieve the economic goals of price stability , full employment , and growth . </P>
what are the two broad types of economic policy
what are the two broad types of economic policy
fiscal monetary
fiscal monetary