23)Which of the following is classified as Fiscal Policy? Select one: a. The federal government passes tax cuts to encourage firms to reduce air pollution. b. College students are allowed to deduct tuition costs from their federal income taxes to encourage them to finish their college education. c. The state of Nevada builds a new tollway in an attempt to expand employment in their state d. President Obama enacted the “cash for clunkers” program in the 2008 Recession to increase spending in the economy

Q: 1. Using the chart above, write a short description highlighting positive and negative indicators of…

A: Considering the given forecasts, the only positive is that we see a decline in inflation from 2.6%…

Q: 6. What fiscal policy actions would you recommend in the following instances? (Draw a diagram that…

A: Fiscal policies are the measures used by the government to affect the economy. The major fiscal…

Q: 3. The stimulus package implemented by the Bush Administration in 2008 included A. rebates to…

A:

Q: 6. Which of the following is not a fiscal instrument: * O Budget O Public expenditure О Тахation All…

A: Answer: 6) Option (d) is correct All are fascal instruments

Q: 1. The data in the following table represents budget figures for the nation of Harmonia for 2016.…

A: given                                                            Federal government expenditure…

Q: 10. Critical analysis Q11 Marginal tax rates were cut substantially during the 1980s, and although…

A: Declining the marginal rates from 1980s & the increasing of the rates in the 1990s, but that…

Q: COURSE: MACROECONOMICS - FISCAL BALANCE  The government of country X, faced with a fiscal deficit,…

A: Answer: Due to an increase in government spending, the aggregate demand in the economy will…

Q: 1. How did U.S. government responded to global health pandemic? What kind of steps have they taken?…

A: Hey, Thank you for the question. As per our honor, code we can answer only first three sub-parts of…

Q: 4. If tax revenues are lesser government expenditures in a year, the budget deficit would be…

A: Budget Deficit occurs when in an economy, government expenditures are more than government revenues…

Q: 4. The stimulus package proposed in 2009 by newly-elected President Obama included A. reduced income…

A:

Q: Question 1 A policy instrument such as fiscal policy: O is the result of achieving an objective O is…

A: The policies and decision making authorities in the economy are considered of utmost importance…

Q: 6. (Fiscal Policy) Was fiscal policy effective when the U.S. economy was experiencing stagflation…

A: Fiscal policy is defined as 'government expenditure used to stimulate production or government…

Q: 5. Anna is the mother of twins. For two years after her children were born, she was able to stay…

A: An economic system is a way for governments or communities to distribute and organise resources,…

Q: Question 7: Suppose that the primary deficit (G-T) is zero in the economy. Suppose further that the…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: 1. Why do we need fiscal policy?

A: Fiscal policy refers to the government’s decisions about government spending and taxation to…

Q: utline the supply-side view of fiscal policy. How does this view differ from the various demand-side…

A: The fiscal policy impact not only affects the demand side but also the supply side. The most…

Q: Which of the following is not a category of fiscal policy?   government policies regarding the…

A: Fiscal policy refers to change in government spending and/or taxes to affect real GDP in the…

Q: A reduction in current taxes must result in which of the following?       lower future taxes…

A: Tax cuts may slow long-run economic process by increasing budget deficits. When the economy is…

Q: 1. How does the government spend? 2. How does the government tax? 3. What are budg t deficits?

A: Government basically refers to a structure that governs a group of people, and it generally consists…

Q: Fiscal Policy and how it can be implemented in a recessionary gap.   Recently, COVID-19 has…

A: As we know that Pandemic pushed the many economy years back almost all countries . There growth rate…

Q: The federal government runs a budget deficit when:

A: Option  3 is correct answer It's spend more than it recive tax in revenues

Q: What is Fiscal Policy? Discuss types of Fiscal policies?

A: (Q) What is Fiscal Policy? Discuss types of Fiscal policies?

Q: 1. Why is a $100 billion increase in government spending on goods and services more expansionary…

A: In an economy, a 1% change in government spending will have different impact on the real GDP as…

Q: 9. Why do Social Security and Medicare pose problems for the federal government budget? The number…

A: Social security and Medicare are considered as the components in which the larger share of…

Q: 1. The Multiplier and Fiscal Policy: one of the programs to combat the economic effects of the…

A: In an economy, any change in government spending or taxes will have a significant impact on the…

Q: Calculate the tax rate if the tax amount is $ 64.50 on a purchase of $780?

A: Tax rate results in deadweight loss as socially efficient quantity is not produced with tax.

Q: 5. Now assume that a recession ( triggered by a reduction of Aggregate Demand ) causes each of the…

A: Tax paid = Tax rate * Income

Q: 6. What fiscal policy actions would you recommend in the following instances? (Draw a diagram that…

A: d. The output gap occurs when the economy's production falls short of its potential. When real GDP…

Q: Part A Decide whether each of the following fiscal policies of the federal government is…

A: The expansionary fiscal policy i.e. increase in public spending and reduction on taxes are the most…

Q: Activity 4.1 Which of the following would be classed as an expansionary fiscal policy? a) An…

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Q: 6. What fiscal policy actions would you recommend in the following instances? (Draw a diagram that…

A: Fiscal policy is a policy tool implemented by the government in order to control the economy. The…

Q: 9.  The lag associated with fiscal policy can:   magnify economic fluctuations. stimulate output…

A: Fiscal Policy:- The use of spending of government and taxation policies in order to impact market…

Q: 10. Which of the following best describes government revenue? a) Government programs designed to…

A: Government of a nation needs money to finance its spending.  Government has two sources of…