Prior to beginning work on this discussion forum,

• Review Chapters 9, 11 and 12 of Macroeconomics: Private and Public Choice.
• Research one real-life example of a fiscal policy.
• Review the Fiscal Policy Key Concepts interactive.

There are two parts to this discussion.

Part 1

Explain the pros and cons of your selected fiscal policy. Include supply-side economics in your explanation. As you think through your answer, remember that government may exercise expansionary or restrictive fiscal policies.

Part 2

Using your selected example of fiscal policy, explain its overall impact on the economy. In your example, discuss any political influences. When possible, select a different example than those already posted by a fellow classmate.

Your initial response should be a minimum of 200 words. Graduate school students learn to assess the perspectives of several scholars. Support your response with at least two scholarly and credible resources, in addition to your text. Use the APA: Citing Within Your PaperLinks to an external site. and the APA: Formatting Your References ListLinks to an external site. resources from the UAGC Writing Center to appropriately cite and reference your sources.