What type of fiscal policy would you implement today?

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What is the difference between a contractionary and expansionary fiscal policy?What type of fiscal policy would you implement today? Why?

2007-12-16 16:05:06 · 2 answers · asked by Mira 1 in Social Science ➔ Economics

We have low unemployment and some inflationary pressure so the government should move toward budget balance or surplus, a contractionary policy.

2007-12-17 03:54:53 · answer #1 · answered by meg 7 · 0⤊ 0⤋

Sounds like homework help to me...
Any fiscal policy that helps everyone have more, do more and generally improves life for all is fine with me.

2007-12-17 03:13:27 · answer #2 · answered by Thomas E 7 · 0⤊ 0⤋