ECNO 260 ACU Fiscal Policy to Resolve Recession Project
Description
![](https://studysplash.blog/wp-content/uploads/2023/09/1_LFbl_ZPQ4lardjOyusC5Pg.jpeg)
Having Trouble Meeting Your Deadline?
Get your assignment on ECNO 260 ACU Fiscal Policy to Resolve Recession Project completed on time. avoid delay and – ORDER NOW
Instructions:
You are the Chief Economic Advisor of Econoland, a country whose economy is currently experiencing a recession. Your job is to advise the President on the current state of the economy in the form of a letter. You should provide a concise explanation of fiscal policy approaches to returning the economy to full employment. Be sure to include the following items in your letter:
Using what you learned this week, identify the main problems the economy is currently experiencing. Use an AD/AS graph to illustrate a recession.
In the context of Aggregate Supply and Demand (AS/AD), Briefly explain what fiscal policy is and how it can resolve a recession. Make sure you clarify which line on the AS/AD graph will move and why.
Insert an AS/AD graph to show how these actions will return the economy to full employment.
- Explain the difference between discretionary fiscal policy and the use of automatic stabilizers.
- Suggest one specific example of a discretionary fiscal policy that can stabilize this economy. What is at least one problem associated with using a discretionary option rather than an automatic option?
- Identify one specific example of an automatic fiscal policy (built-in stabilizer) and explain how it will help to stabilize this economy.
- What are the potential negative consequences of using fiscal policy to resolve this recession?
- Prior to writing your letter, complete the Fiscal policy pre work worksheet.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Order Now and we will direct you to our Order Page at Litessays. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.