Who is in charge of making fiscal policy


Assignment:

Read CNBC's Consumer confidence strengthens in July, beating expectations for a drop

1. Who is in charge of making fiscal policy?

2. What fiscal policy measure has a direct impact to the economy?

3. If consumer confidence is low, which of the following will be the most effective fiscal policy?

  • An increase in government spending, or
  • An equal decrease in taxes?

Explain your reasoning.

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Microeconomics: Who is in charge of making fiscal policy
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