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Economics - Fiscal Policy (USE BELOW SHORT VIDEO) https://www.youtube.com/watch?v=5BwZbyr0Og0 1. Based on the AD and AS model presented in the video, what is one of

Economics - Fiscal Policy (USE BELOW SHORT VIDEO)

https://www.youtube.com/watch?v=5BwZbyr0Og0

1. Based on the AD and AS model presented in the video, what is one of the main causes

leading to higher prices in the economy?

2. What are some of the problems stressed by the economists interviewed regarding the

negative impact inflation can have on the economy?

3. There are at least two different types of fiscal policy mentioned in the video. Focus on

one and explain why it can have a positive impact on the economy.

Explain in detail for clarity

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