Why is fiscal policy so hard to make

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1. Is trade Good or Bad for the US? When a country trades, are there going to be Winners and Losers? Can the US be the winner for all transactions? Why? How?

2. How do you know if the Dollar is stronger or weaker than another currency? If the $1 = 20 Pesos and $1 = 100 Krona in Iceland and $1 = 120 Yen. What can you say about the Dollar and the other currencies?

3. What are the benefits and problems of Economic Statistics, such as GDP, inflation, Unemployment Rates, and others. Are they more headache than useful? What other alternatives do we have to these statistics and are they can any better improvements.

4. Why is Fiscal Policy so hard to make? Who makes it? What are the goals of the Fiscal Policy?

Reference no: EM132290967

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