This week's City Council Scenario:The Federal Government isdeveloping a plan to help the nation's economy. There are some calling for Expansionary Fiscal Policies while others are in favor of ExpansionaryMonetary Policies. Prepare a response to help the townspeople understand the plans being presented at theFederal Level.

• Contrast ExpansionaryFiscalpolicies and Expansionary Monetary policies.
• Explain the effect of Fiscal and Monetary policies on the economy.
• Discuss the drawbacks of not using any policies to help the economy.