Examine any downsides to fiscal policy such as fiscal

Question

Describe expansionary and contractionary fiscal policies. Identify the situations in which expansionary fiscal policy and contractionary fiscal policy would be used.

Provide examples of fiscal policy being used in both the past and present day.

Examine any downsides to fiscal policy such as fiscal lags, the impact on national debt or other issues

Answer 1

Be sure to read all the instructions carefully and answer the following questions in an essay format by following the APA rules. Q1. Illustrate the expansionary and contractionary fiscal policies. Recognize the conditions in which expansionary fiscal policy and contractionary fiscal policy would be employed. Q2. Give illustrations of fiscal policy being employed in both the past and present day. Q3. Analyze any downsides to fiscal policy like fiscal lags, the impact on national debt or other issues.