answer the following in your own words respond to each of the following in a minimum of 175 words it will be ran thru a plagiarism checker thanks 1

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Answer the following IN YOUR OWN WORDS. Respond to each of the following in a minimum of 175 words. It will be ran thru a plagiarism checker, thanks.

1.Compare and contrast expansionary and contractionary fiscal policy.

2.Explain how contractionary fiscal policy is important.

3. Explain the role of expansionary policy.