How can it be used to get the economy out

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Reference no: EM133497205

Discussion Questions:

Governments to get the economy out of recession or cool the economy down when the economy is overheating often use fiscal policy.

Question 1. What is fiscal policy?

Question 2. How can it be used to get the economy out of recession?

Question 3. How can it be used to get the economy out of the situation where the economy is in an expansionary period where we exceed long run potential?

Question 4. Do both situations result on different impacts on inflation? Why or why not?

Reference no: EM133497205

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