Compare fiscal policy with monetary policy. What are they, how
are they similar, and how do they differ? Your answer should
consider the role of government deficits (i.e., the national debt)
in each and at least touch upon the concepts of "monetizing the
debt," "velocity," the "Keynesian multipliers," "crowding out," and
"Ricardian equivalence." How does your answer relate to aggregate
demand and loanable funds market? What is a liquidity trap?