Discussion 7: Global Economics Macroeconomic Policy in an Open Economy Q: How

Discussion 7: Global Economics

Macroeconomic Policy in an Open Economy 

Q:

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?

Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly, peer-reviewed reference in supporting your answer unless the discussion calls for more. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.

Use APA 7th edition and Saudi Electronic University academic writing standards.

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please Use APA 7th edition,

Please attach copy of all references you use