There are two types of Fiscal Policy (Expansionary Fiscal Policy and Contractionary Fiscal Policy).

1. Select either Expansionary or Contractionary Fiscal Policy and briefly explain what that is. Briefly explain a scenario in the economy where your fiscal policy is warranted (i.e. can be generic like "the economy is growing faster, or slower, than it should be" or can take a specific event in history like the recent pandemic, housing collapse of 2008, 9/11 twin towers attack, etc.).
2. Based on your scenario how should the government actions change (i.e. should the government increase or decrease spending and/or should the government increase or decrease taxes). Why? What is hoped to accomplish with these government policies?