In the context of economic analysis, how would you evaluate the effectiveness of two different fiscal policies aimed at stimulating economic growth? Additionally, compare their potential long-term impacts on inflation and assess which policy may be more sustainable overall.

To evaluate the effectiveness of two different fiscal policies aimed at stimulating economic growth, we first need to look at how each policy affects overall spending in the economy. For example, if one policy involves increasing government spending on infrastructure while another focuses on cutting taxes, we can analyze which one leads to more immediate job creation and consumer spending. Next, we assess their long-term impacts on inflation; higher government spending might boost demand and cause prices to rise, while tax cuts could lead to increased savings or spending, affecting inflation differently. We should also consider sustainability; policies that create lasting jobs and investments, like infrastructure spending, may be more beneficial in the long run compared to temporary tax cuts that might not encourage ongoing economic activity. Ultimately, we would conclude which policy is more effective and sustainable based on these factors, focusing on their ability to foster stable growth without causing excessive inflation.