argues on the intervention of fiscal policy as an instrument to promote growth, sustainability and economic stability of a country. (Provide a detailed example).

Q: Discuss the impacts of fiscal policy in Fiji during covid-19.

A: COVID-19 is a very serious issue which world is facing these days. As it is a communicable disease,…

Q: Explain the concept of Fiscal Policy

A: Definition of Fiscal Policy: Fiscal policy is a policy of government to control the economy through…

Q: Explain and expand on How does fiscal discipline help businesses to grow in an economy?

A: Fiscal Discipline can be defined as a state when there is an ideal balance between the revenue and…

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

A: Fiscal policy refers to change in government expenditure and revenue(taxes) in order to achieve…

Q: TRUE/FALSE Spending by local governments to stimulate or slow down their local economies is an…

A: The Fiscal Policy (FP) is a tool of government to adjust the economy. The Monetary Policy is a tool…

Q: ich of the following is an example of a "government failure"? Government implementing a balanced…

A: Government failure, with regards to public financial aspects, is a monetary shortcoming brought…

Q: If you were the Prime Minister of Malaysia, what would you do to reduce the fiscal deficit of the…

A: In Malaysia, it can be seen that the debt to GDP ratio is very high due to which government is…

Q: what are three ways that national debt affects the economic prosperity of a country.

A: A strong fiscal direction is a must for a growing economy. A nation on a viable fiscal path creates…

Q: As we emerge from the pandemic, your friends are concerned with the rising prices they're…

A: Introduction  Fiscal policy has known as budgetary instrument of government policy. It influences…

Q: Examine the effects of government expenditure as a fiscal policy measure on the Philippines economy.…

A: FISCAL POLICY:  * Fiscal policy refers to the use of government spending and tax policies to…

Q: Uruguay is a small country in Latin America. GDP is 100. Debt is 100. Government spending on goods…

A:

Q: explain the current macroeconomic

A: Introduction  Over the past few decades, the Philippines has experienced a remarkable recovery in…

Q: Explain how the goverment can use fiscal policy for capital formation and technological improvement…

A: Meaning of Fiscal Policy: The term fiscal policy refers to the situation under which the…

Q: Explain fully the meaning of fiscal autonomy and how local government units raise revenues to…

A: The term fiscal autonomy refers to the freedom to collect revenue, apply local taxes, take financial…

Q: Who prepares and passes the federal budget?

A: The United States federal budget involves the spending and incomes of the U.S. national government.…

Q: Between 1998 and 2000, the U.S. government had higher revenue than spending. Which of the following…

A: National debt in period N = National debt in period (N - 1) + Increase in budget deficit (- Decrease…

Q: Do I have this queshtion right I think its positive. I'm not sure if I'm correct.

A: Economic growth.From the given graph, if these countries have gross government debt is excess of…

Q: Explain how expansionary fiscal policy works in an economy

A: The fiscal policy is the use of government revenue (taxes or tax cut) and the government…

Q: In 2016, the policy makers of the of Eastlandia projected the debt-GDP ratio and the ratio of the…

A: Given: Real GDP is currently = $1,000 billion per year Real GDP is expected to grow at = 3% per year…

Q: Taxation; an essential fiscal policy tool for moblizing resources for socio-economic development…

A: The above mention passage, it is talking about taxation and fiscal policy regarding taxation and…

Q: What is the relationship between budget deficit and debt ratio to Gross Domestic Product (GDP)

A: A budget deficit shown when expenses exceed revenue and indicate financial condition of a country.…

Q: What is the role of fiscal policy in developed countries? Give example

A: It is common knowledge that fiscal systems have a significant role in the effect of any economy.…

Q: If Canada's primary budget deficit is negative, then Canada's debt will be ___________ next year

A: Primary budget deficit: When the government's current spending exceeds its total revenue, it is said…

Q: Discuss the relationship between revenue deficit and fiscal deficit

A: We know that the budgetary deficit is of three types which are revenue deficit, fiscal deficit and…

Q: Complete the following sentence. As it relates to fiscal policy, a budget deficit exists when:Choose…

A: A budget deficit occurs when a government spends more in a given year than it collects in revenues,…

Q: Try the following exercises to better understand how the national debt is related to the…

A: When government expenditure upon development projects (roads, railway, port, bridges, and many…

Q: Fiscal Policy

A: Introduction of Fiscal policy:-It is a policy via which a government makes adjustments in its tax…

Q: In 2010, the country of Lykesville had a balance budget, no debt, and its GDP was $31500. In 2011,…

A: Balanced budget refers to country's budget when both expenditure and revenue of government are…

Q: Discuss various ways of measuring the size of the national debt.

A: The national debt is a stock variable that represents the accumulation of all prior government…

Q: What are problems that governments may encounter in enacting and applying fiscal policy? Explain the…

A: Fiscal policy is tools available to government to counter the economic imbalances, using an…

Q: Complete the following sentence. As it relates to fiscal policy, a budget deficit exists when:Choose…

A: Fiscal policy measures the effectiveness of government budgets in an economy. This includes…

Q: Only one of the following is a true statement. Which one? Group of answer choices Japan’s debt/GDP…

A: The debt to GDP ratio shows that how much debt is being used by the government relative to GDP size.…

Q: Explain the elements or test of fiscal policy that play a critical role in economic development.…

A: Fiscal policy is that the government rejects their spending and controls taxes and influences the…

Q: Define fiscal policy and explain the role of income taxes and government spending as fiscal policy…

A: Meaning of Fiscal Policy: The term fiscal policy refers to the situation under which the…

Q: One of the major differences between the liberal and conservative political ideologies in the United…

A: When the government employs measures to change the market condition then those measures are…

Q: taxation is an essential fiscal policy tool for mobilizing resources for socio-economic development…

A: One of the most important fiscal tools available that are available with a government is taxation.…

Q: Explain how governments need to recognise the impact of several time lags as a problem in fiscal…

A: Changes the government makes to spending or taxing in an effort to affect the state of the economy…

Q: What would  happen if expansionary fiscal policy was implemented in are cession but, due to lag,did…

A: Macroeconomics analyzes the economy as a whole. It studies the aggregate economic concepts such as…