Question: please do question c c. Contractionary policy: 1. What is its goal? 2. What tools does the fiscal policy use? 3. In which direction do

please do question c

c. Contractionary policy: 1. What is its goal? 2. What tools does the fiscal policy use? 3. In which direction do the tools move? 4. What tools does the monetary policy use? 5. In which direction do the tools move? 4. Money: a. What are the 3 functions of money? Which one is most important? b. How is U.S. money measured? Which component is the largest quantity? c. How is U.S. money created? d. Why is money essential to the market economy? What is the value of money? 5. Long run growth a. Why is long run macroeconomic growth essential to your future well-being? b. What is productivity? Why is it crucial to growth? c. What 3 economic forces determine productivity and growth? Explain them and cite examples. them. d. What government policies encourage and contribute to growth? Describe at least 4

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