Question 1
What is the main purpose of evaluating fiscal policy in macroeconomics?
Question 2
Which situation is most likely to show an expansionary fiscal policy?
Question 3
Which macroeconomic objective is most directly targeted by expansionary fiscal policy during a recession?
Question 4
Why might fiscal policy be slower to work than expected in practice?
Question 5
What is one possible downside of using expansionary fiscal policy in an economy already close to full employment?
