What is a fiscal policy that the president and Congress might do to keep output stable,...
What is a fiscal policy that the president and Congress might do to keep output stable, at least in the short run?
Homework Answers
Answer - The fiscal policy that must be used is the GOVERNMENT SPENDING. The items of the government spending include transfer payment , public goods , subsidies and many more.
In order to keep the output stable , the government must use these tactics carefully.
The main item is the provision of the financial assistance or the subsidies to the producers. If the amount of subsidies is decreased. ,producer will produce less and vice a versa. Thus government spending management will be a good fiscal tool to ensure at the output in the economy is stable , at least in short run.
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What is a fiscal policy that the president and Congress
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