I’m trying to study for my Economics course and I need some help to understand this question.

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.