Question
Take a position and discuss your thoughts on whether or not active fiscal and/or monetary policy should be employed regularly to fine-tune the economy and
Take a position and discuss your thoughts on whether or not active fiscal and/or monetary policy should be employed regularly to "fine-tune" the economy and avoid business cycle fluctuations. First, do you think this is a wise idea, or even possible? Next, how concerned are you about the level of U.S. national debt? Be sure to give economic rationale to support your view. Next, weigh in on your opinion of the Federal Reserve and active monetary policy. Try exploring the website of the Federal Reserve (federalreserve.gov)to see what their current goals are for inflation and monetary policy, and whether or not you agree.
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