Law, 19.11.2020 21:20, fatamhassan21

Fiscal Policy in the U. S. House of Representatives Problem: The United States is in danger of high inflation, you must recommend an appropriate fiscal policy. One thing we know about politicians is that they want to be re-elected
I will be assigning you one of the following people:
U. S. Rep 1 – represents inner-city Chicago, Illinois
Many constituents receive welfare; those with jobs work in manufacturing

U. S. Rep 2 – represents Killeen, Temple, Fort Hood area of Texas
Constituents are mainly conservative, strong military presence in community

U. S. Rep 3 – represents St. Petersburg, Florida
Constituents are elderly retirees living off of pensions and social security

U. S. Rep 4 – represents Wyoming
Constituents are land owners and are involved in agriculture
EXPLAIN YOUR ANSWERS

1. What constraints do you face if you decide to raise taxes?

2. What constraints do you face if you decide to cut spending?

3. What problems do you face in trying to trim the federal budget?

4. What Fiscal Policy does the Nation need you to do? (Be specific with tools)

5. What Monetary Policy does the Nation need you to do? (Be specific with tools)

Answers: 1

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Fiscal Policy in the U. S. House of Representatives Problem: The United States is in danger of high...