Fiscal Policy

Prediction

  1. What do you think fiscal policy means?

  2. Use fiscal policy in a sentence:

  3. Think of an example of fiscal policy in current events:

  4. Find an image of fiscal policy:

 

Fun Fact

Definition

Government policy that attempts to manage the economy by controlling taxing and spending. It is the sister strategy to monetary policy through which a central bank influences a nation's money supply.

Sentence

Because they have the power to set tax rates and spending levels, Congress exerts a ton of power over fiscal policy.

Example

The Great Hand Off: Monetary Policy To Fiscal Policy

Image

 

Question(s)

  1. What is one specific thing Congress can do to control fiscal policy?

  2. What is one specific thing the President can do to control fiscal policy?What percent of Americans can correctly define fiscal policy?

  3. Do you think an expansion in fiscal spending by the government on things like bridges, roads, and infrastructure would be a good idea?