In: Economics
1. Identify five to ten policies the government uses to
stabilize the economy. From this list,...
1. Identify five to ten policies the government uses to
stabilize the economy. From this list, select two or three policies
that have affected you directly. (These policies might include
lower interest rates for college loans, car loans, or home loans,
or perhaps a tax cut.)
2. Write a two- to three-page essay in which you summarize the
arguments for and against using fiscal and monetary policies to
stabilize the economy. Your essay should address the following:
- How did the policy (or policies) affect you? Were you able to
do something you could not have done otherwise? Was something taken
away from you? Were the results of the policy positive for you? Did
you benefit from them?
- Have you or anyone you know been affected negatively by one of
these policies?
- As a general rule, do you think it’s a good idea for the
government to use fiscal and monetary policies to stabilize the
government? Why or why not?