Following the 2008 financial crisis in the United States, why did fiscal policymakers increase government spending and reduce taxes? Discover the motivation behind these actions and learn about the separate functions of monetary and fiscal policy.

Concepts

monetary policy, the federal reserve system

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Additional Tags

stimulus package, american recovery and reinvestment act, monetary policy, federal reserve, social studies

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Classroom Considerations

• Other concepts discussed in this document include the responsibility of the Federal Reserve, economic slowdowns, and fiscal stimulus packages

Pros

• Includes a list of additional articles and data resources on fiscal and monetary policy

Cons

• None

Common Core

RH.11-12.1 RH.11-12.2 RH.11-12.4