Uploaded July 2024 | Updated September 2026, 1 week ago

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Join Professor Matt Hill as he walks you through the classroom slides of Day 3: " Fiscal Policy, Best Case" from MRU's free "Fiscal Policy" unit plan. Get the unit plan here: mru.io/qbs

Learning Objectives:
- Define fiscal policy and differentiate between expansionary and contractionary fiscal policy.
- Identify and describe the tools used in expansionary and contractionary fiscal policy, such as government spending and tax adjustments.
- Analyze different economic scenarios to determine if fiscal policy would be appropriate fiscal policy.
- Understand the limitations of fiscal policy in addressing different types of economic shocks, such as demand shocks and supply shocks.