Question: Locate a recent article ( published within the last year ) that discusses fiscal policy and whether the U.S. economy is in an inflationary or

Locate a recent article (published within the last year) that discusses fiscal policy and whether the U.S. economy is in an inflationary or recessionary gap. Provide a minimum of one reference

Address the following concepts

  • Interpret recessionary and expansionary gaps within the economy.
  • Explain the inter-workings of fiscal policy tools.
  • State how taxation and government spending works.
  • Differentiate between fiscal and monetary policy.
  • Demonstrate the mechanics of discretionary fiscal policy within the Keynesian framework.

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