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Shirley Starling04.05 Uncle Sam's Toolbox—AssignmentPart OneRespond to the following questions regarding fiscal policy in complete sentences.1.Define fiscal policy. Include the goals and tools of fiscal policy and the entity that controls it.2.Compare and contrast fiscal and monetary policy. How are they alike and how do they differ? 3.Should the government create a law mandating a balanced federal budget? Support your position with evidence from the lesson.