Description
Review the section of your text that covers fiscal policy and its effect on aggregate supply and demand. In addition, find and read two recent articles on this topic. Write a 500-750 word (approximately 2 to 3 page) paper that addresses these questions:
- What options does the government have regarding fiscal policy?
- How has the use of these policies changed over time?
Explanation & Answer
Hello, please find the attached document which is the final version of your work. The work is properly researched and written. I am looking forward to work with you again in the future. Thank you.
Running head: FISCAL POLICY
1
Application of Fiscal Policy
Student’s Name:
Institutional Affiliation:
FISCAL POLICY
2
Application of Fiscal Policy
Most countries are today wallowing in a series of economic quagmires characterized by
economic instability, stagnation, increased budget deficits, high unemployment rate, and low
investment demand. Because of these economic problems, the government's goal of easing the
cost of living for their citizens and increasing the rate of economic growth and development has
remained elusive. Due to the fluctuations in aggregate demand and supply in the economy, fiscal
policy is often cited as one of the measures that can be initiated by the government to address
such the performance of the economy.
Aggregate demand and supply are macroeconomic concepts whi...