Question: The annual association meeting of your the electric power industry will take place soon. There have been questions sked to present a report regarding

The annual association meeting of your the electric power industry will take

The annual association meeting of your the electric power industry will take place soon. There have been questions sked to present a report regarding the current status of the federal budget and fiscal policies in place in the United States. Explain how the current status of the federal budget and fiscal policy will impact the electric power industry over the next 2 years, using economic theory to support any conclusions. Address current policy and how it will impact the electric power industry, based on theory. Address the following also: expansionary and contractionary fiscal policy fiscal policies used to close a recessionary gap and an expansionary gap the rationale for budget deficits.

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