Evaluate the impact of monetary and fiscal policies and the multiplier in achieving economic goals.
1. Summarize the articles with your own words,
2. Write a short explanation of the article using one of the following economic models: GDP, AD & AS or circular flow of income.
3. Identify the right fiscal policy that should be followed: contractionary or expansionary.
4. Explain why this fiscal policy should be used.
5. Explain how this policy would impact the economy.
6. List and analyze the two fiscal policy tools that should be used.
7. How would these tools impact the economy?
8. Analyze how the information provided in the article will impact the macroeconomic indicators. You should use two indicators: output and unemployment in your analysis.