Should monetary and fiscal policymakers try to stabilize the economy?-Should monetary policy be made by rule rather than by discretion? What are the implications of these lags for the debate over active versus passive policy? -Should the Fed Reserve aim for zero-inflation? What are the impacts of pursuing zero inflation policy? Explain. -Should the government always balance its budget? Explain with examples.-Should the tax laws be reformed to encourage saving? Do you think consumption tax is better than income tax?