Addressing recession using Fiscal and Monetary Policy tools. Scenario – The US economy is currently experiencing recession.

2. Addressing recession using Fiscal and Monetary Policy tools. Scenario – The US economy is currently experiencing recession. You have Fiscal and Monetary policy tools available to address this problem:

a. To attack the problem of recession, you must select at least one Monetary Policy tool and one Fiscal Policy tool. Write down the name of your Fiscal Policy tool and your Monetary Policy tool.

b. Please explain why you selected the tools that you selected and why you did not select the other choices? Do this for both monetary and fiscal policy tools! 

c. Please list the 4 key supply side growth factors we discussed, and discuss their viability in terms of getting our economy growing again, given that today our economy is not growing. 

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