Write two pages
Watch the following two videos and summarize what you learn from the discussion on monetary and fiscal policy and provide comments on America’s fiscal actions in 2013:
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1. The Challenges Facing Monetary and Fiscal Policy by Gregory Mankiw (http://www.uc.edu/ucvision/event.aspx?eventid=266)
(Gregory Mankiw is an American macroeconomist and Professor of Economics at Harvard University. This video was made during his speech at University of Cincinnati.)
2. America’s Fiscal Calendar: Navigating Rapids (http://www.economist.com/blogs/freeexchange/2013/02/americas-fiscal-calendar#)