2 Monetary Policy and Long-Term Economic Growth. In examining the effects of monetary policy on economic activity and growth, it is useful, both for conceptual and for policy reasons, to distinguish between long-term and short-term effects or, alternatively, between permanent and transitory effects.
As of 2015, the median wage for an entry-level bookkeeper is $14 per hour. However, the yearly salary for a bookkeeper varies, as some bookkeepers are eligible for bonuses or commission and others receive overtime pay. The average bookkeeper makes $37,930 per year.
The U.S. Bureau of Labor Statistics shows the average salary for a bookkeeper at about $16.25 per hour in 2008, or $33,800 annually. About 80 percent of bookkeepers in 2008 were earning between $21,000 and $49,000.