Fiscal Policy

Question 1

This week requires the student to address six unresolved issues in macroeconomics, each of which is central to current political debates. Students are required to use information and tools that they have accumulated in their study of the text and evaluate both sides of those issues, determine which side they can support for each issue, and defend their positions.

Assignment Steps

Select two subjects from the following list of topics and write a 1,050-word analysis:

• Active monetary and fiscal policy
• Increased government spending to fight recessions
• Reducing federal government’s discretionary powers
• Zero-inflation target
• Balanced government budget
• Tax incentives for saving

Evaluate both the advocates’ position and the critics’ position.

Determine which position you support and defend your position.

Cite a minimum of three peer-reviewed sources not including your textbook.

Format consistent with APA guidelines.

Question 2

Describe Leading Economic Indicators. What are important criticisms of forecasting ability of Leading Economic Indicators?