Answer each questions with 75 or more words 2 From both fiscal policy and monetary policy approaches, should the Government a balance the budget b not balance the budget? 3 How does the strength of a...

2 From both fiscal policy and monetary policy approaches, should the Government a balance the budget b not balance the budget?

3 How does the strength of a current economy affect a budget surplus or a budget deficit? What do you suggest to lower the current budget deficit?

4 When the Fed exercises its monetary policy, should this be made by a rule or by b discretion?

5When the Fed aims for inflation targeting, should it a aim for zero inflation or b from 2-4 % inflation rate?

6 Should the President and Congress pass laws that a encourage savings b not encourage savings?

7 Should the Fiscal and Monetary policy makers try to a stabilize the economy or b not stabilize the economy?