Discuss the development of Fiscal Policy and the challenges that it faces. Your answer should include the following elements: a. What are the tools used in implementing Fiscal Policy? b. How is Fiscal Policy financed? c. What are the economic trade-offs inherent in implementing Fiscal Policy? d. What are the political challenges inherent in implementing Fiscal Policy? e. Describe the recent ten-year history of Fiscal Policy in the United States.

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iscal policy is the policy implemented by the government to regulate the economy in terms of economic growth employment inflation and other macroecono... View the full answer