Fiscal Policy and Economic Growth
At the end of this activity, you will have examined the role of an active fiscal policy in the long-run growth of the economy.
Does an active fiscal policy help or hinder long-run growth in the economy? The textbook presents arguments that can be used to support both sides in this debate.
Study the arguments on both sides and respond to the following:
Should the US use fiscal policy to encourage long-run growth of the economy? Why or why not?
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