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Discretionary fiscal policy and automatic fiscal policy

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Reference no: EM131100203

1. Distinguish between Discretionary Fiscal Policy and Automatic Fiscal Policy and give an example of each.

2. Is current Discretionary Fiscal Policy Expansionary or Contractionary; provide your proof.

3. What is the current size of the deficit of the Federal Government? How does the government get the money to spend when running a deficit? What is the current size of the National Debt? https://www.cbo.gov/publication/45249 or (Links to an external site.)

https://useconomy.about.com/od/fiscalpolicy/p/deficit.htm (Links to an external site.)

Reference no: EM131100203

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