Suppose you’ve been appointed as an economic adviser for the United States. The president has requested to meet with you, so that he can brush up on his Econ 302 skills. As an economist, you know that the economy is currently going through a contraction on its business cycle . You have predicted a list of questions the president is likely to ask. Here is the list: Should we implement an expansionary fiscal policy or a contractionary fiscal policy? Why would we implement this policy? Under this policy, what’s something we could pass that would make the American people happy? (Propose a specific idea, like a salary hike for all government economists.) What are the reasons why it might make sense to influence the economy through government policy? In your post, provide the answers to these questions.

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