I’m working on a economics discussion question and need an explanation and answer to help me learn.
How do fiscal and monetary policies under the fixed exchange rate in Saudi Arabia help the country to increase the living standard? What are the goals of the monetary and fiscal policies, and how are they achieved? What are the challenges that the country may encounter on the journey to achieve these goals?
Kus, B. (2020). Relief, recovery, reform: a retrospective on the US policy responses to the Great Recession. Intereconomics, 55(4), 257-265. https://doi-org.sdl.idm.oclc.org/10.1007/s10272-020-0910-4 Anis, A. (2020). Governance of public spending avenues by oil prices, oil revenues, and GDP in Saudi Arabia: proportionate sensitivity and trend analysis. Investment Management & Financial Innovations, 17(4), 152-164. https://doaj-org.sdl.idm.oclc.org/article/1dcd6831002d4111831cc484b328f004
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