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Evaluate the macroeconomic measures in the UK, employing fiscal and monetary policies, which could be taken...

Evaluate the macroeconomic measures in the UK, employing fiscal and monetary policies, which could be taken to balance two macro objectives (maintaining stable and sustainable economic growth and maintaining an acceptable level of inflation) .
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Maintaining stable growth and acceptable inflation will be possible if expansionary fiscal policy by reducing taxes and inducing higher spending and automatic stabilizers is deployed along with mild expansionary monetary policy by central bank to reduce interest rates and gradually keeping it constant to keep inflation under control while achieving higher aggregate demand and consumption and thus higher economic growth.

To stabilise inflation, central bank may reverse stance to contractionary monetary policy by selling government securities.

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