In two sentences, describe how the Democratic and Republic Parties differ on the role of fiscal policy

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter11: Fiscal Policy And The Federal Budget
Section: Chapter Questions
Problem 12QP
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In two sentences, describe how the Democratic and Republic Parties differ on the role of fiscal policy.

 
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The use of taxation and spending by the government to affect the economy is referred to as fiscal policy. The Democratic and Republican parties in the United States disagree on how important fiscal policy is to the economy.

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