Question
Given that the actual policy choice is somewhat normative (your opinion of should be vs what is) in nature, outline the policy you would choose
Given that the actual policy choice is somewhat normative (your opinion of "should be" vs "what is") in nature, outline the policy you would choose to use and justify the policy based on the strengths and weaknesses of your options. (In other words, if you were in Congress & or POTUS or Governor) would you recommend the USA or your State to rely more on Fiscal Policy or Monetary Policy? (Remember that currently the USA uses both policies). REMEMBER THAT President does NOT control "gas prices"
Short Paragraph Four: Describe which macroeconomic theory you used as a basis to develop your policy (Capitalism, Socialism, Communism; and/or Keynesian, Classical Theory, Austrian etc etc etc).
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