Rivas_FiscalPolicyActivity.docx - NAME Valerie Rivas Fiscal...

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NAME: Valerie Rivas Fiscal Policy Unit 7 Activity Given the state of today’s economy, answer the following questions. Make sure that you fully support your answers. While your answers are your own opinion, they must be reasonable and in-line with what you have learned about Fiscal Policy, tax collection and spending from Chapters 14-15. 1. If you are the Federal government, what type of Fiscal Policy do you think needs to be implemented at this time, expansionary or contractionary? Please fully justify your answer. o I think the expansionary fiscal policy should be implemented. I don’t agree with intentionally setting up for the economy to fall or slow down. I think it’s better for the economy to grow and be stable and allow for people and businesses to have more money for what they need and want. If there really is excess money being produced then I think the government would need to find ways to manage it instead of slowing down the economy.
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