Problem
1. Explain the difference between fiscal policy and monetary policy. What are some of the reasons these macroeconomic policies are used?
2. What is stabilization policy? What two important debates occur among macroeconomists regarding its use, and who are the parties to these debates?
3. What are global trade imbalances and why do economists focus on them?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.