Purchase Solution

Fiscal Policy and the Economic Downturn

Not what you're looking for?

Ask Custom Question

I am looking to find the parties responsible for crafting reparation policies for the current U.S. Economic crisis. How have these people changed monetary policy, fiscal policy and laws that govern businesses since the collapse of the economy.

Purchase this Solution

Solution Summary

This solution of 390 words explains who is behind the reparation policies for the US economic crisis. It also touches on the changes to the monetary policy, fiscal policy and laws that govern businesses.

Solution Preview

So, I guess a good place to start giving you a hand with this question is to first identify when exactly the "collapse of the economy" was. We're going to draw the line at 2008. From here, we need to consider some of the major policy changes.

Firstly, perhaps the most significant policy change was one made by congress and signed into law by the president. The relevant piece of legislation is the American Recovery and Reinvestment act of 2008. This is considered to be fiscal policy, as perhaps the largest component of the act was a massive bout of fiscal stimulus to the ...

Purchase this Solution


Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.