Each answer must be at least 200 words.
This exam is worth 25 percent of your grade.
Do not just copy from the text as that will get you a grade of C or less.
This exam is due Wednesday of Week 7.
1) What is Fiscal Policy? Why is it important to the economy? How does it affect Gross Domestic Product?
2) What would you do to stop the rising public debt.
How does this affect Gross Domestic Product?
What is a major function of money? How does taxing money lower opportunity for working Americans?
What is Monetary Policy? How does Monetary Policy affect growth and production of companies?
Why is International Competitiveness good for the economics of the world? Give two examples of how you benefit from international trade.