Explain how is a recession defined

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Explain how is a recession defined? Is the U.S. presently in a recession? Explain.
. What fiscal policy tools could be utilized to stimulate the economy? Be sure to appraisal Obama's 2011 Budget Proposal NY Times. Are there any precise areas that you would change?
Now presume you are an advisor to Ben Bernake. What precise tools can the Federal Reserve use to stimulate the economy as well as increase economic growth? Please identify at least two tools.
What must the Fed do if it wanted to reduce inflation in terms of the money supply?

Reference no: EM1380439

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