During 2008, the United States began to experience what has become known as the Financial Crisis.  The Financial Crisis resulted in a drop in housing prices and negatively shocked AD resulting in unemployment.  Real GDP fell from $13.64 Trillion to $13.26 Trillion. Be sure to fully answer each question in your response.  The reduction in GDP was about $380,000,000,000 (Three hundred and eighty billion dollars.) 4. What are potential problems with your fiscal policy tool?

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Chapter18: Debates In Macroeconomics Over The Role And Effects Of Government
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During 2008, the United States began to experience what has become known as the Financial Crisis.  The Financial Crisis resulted in a drop in housing prices and negatively shocked AD resulting in unemployment.  Real GDP fell from $13.64 Trillion to $13.26 Trillion. Be sure to fully answer each question in your response. 

The reduction in GDP was about $380,000,000,000 (Three hundred and eighty billion dollars.)

4. What are potential problems with your fiscal policy tool? 

5. How do your political beliefs affect what policy tools you believe should be used?

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