1) Define fiscal policy in approximately two to three sentences.

2) three to four paragraphs that explains government spending as a fiscal policy tool.

3) How does government spending influence economic output?

4) In one to two paragraphs, how taxes can be used as a fiscal policy tool.

5) two to three paragraphs, that describes transfer payments as a fiscal policy tool.

6) How are transfer payments similar to taxes as a fiscal policy tool?