Fiscal Policy
Order Description
Conduct Research into how fiscal policy was used during the same three times periods we are examining from the history of the United States:
The Great Depression 1929-1933
The 1970’s Stagflation from 1973-1982
The recent recession that occured in the years 2008-2010
On the first page after a brief introduction you should define several key concepts that will be the subject of your research in this paper:
Fiscal Policy
The multiplier
automatic stabilizers
full employment
In addition provide examples of how each of these concepts is used with relation to actual economic conditions.