Policy Mix questions

[vizard12]

Hello guys these seem to be recurring on every exam and worth 6-8 marks each time. Does anybody have any tips for these, or a structure i can learn?

Thanks a lot.

[LazyZombie]

I don't really think theres a structure you can learn
Just go through each of the policies, budgetary, monetary, aggregate supply .. or aggregate demand broadly and then aggregate supply policy systematically, then give an overall comment on how they are compatible/incompatible at the beginning or the end.

you can do definitions at the start but then 'weaving' them into your answer is better, but I find that difficult to do sometimes. it really depends, I just kind of follow my gut feeling