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1) Identify the goals of fiscal policy. 2) Explain the difference…

January 25, 2024

1) Identify the goals of fiscal policy.

2) Explain the difference between discretionary and nondiscretionary fiscal policy?

3) Explain the difference between expansionary and contractionary fiscal policy?

4) Give examples of two fiscal policy tools?

5) How will our economy be affected when U.S. government buys more military vessels (Which curve (AD/AS) and which direction (rightward or leftward))?

6) How will our economy be affected when Congress implements an income tax cut (Which curve (AD/AS) and which direction (rightward or leftward))?

difference, Explain, fiscal, goals.., Identify, Macroeconomics, policy

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