COURSE: MACROECONOMICS - FISCAL BALANCE  The government of country X, faced with a fiscal deficit, proposes an increase in public spending (G) but which further increases the country's public debt. To justify this action the president argues that they are seeking to boost the economy which will increase the country's GDP allowing to collect significantly more money than initially spent, finally improving the situation of the fiscal coffers. Is this statement correct? Does the government have knowledge of economics?

Q: Answer the questions on the effects of active fiscal policy on the economy in various scenarios:…

A: If the Singapore government increases its government spending then the effect of an equivalent on…

Q: 3. Specify whether expansionary or contractionary fiscal policy would seem to be most appropriate in…

A: As per our bartleby guidelines i only have to do first 3 questions

Q: 3. The balanced budget multiplier For both political and macroeconomic reasons, governments are…

A: Given; Income equation:-                            Y=11-c1c0+I+G-c1T a) When G increases by one…

Q: Explain how the fiscal policy tools used by the federal government should work in terms of fighting…

A: There are two tools of fiscal policy of any country. First is expenditure and second is taxes.…

Q: Question 27: Suppose that the primary deficit (G – T) is zero in the economy. Suppose further that…

A: The primary deficit refer to difference between fiscal deficit of current year and interest payments…

Q: If inflation is a major issue in the economy, what would be the correct fiscal policy response from…

A: Government is a higher authority who makes rules and regulations to manage the market activities and…

Q: 3. The Keynesian view of fiscal policy Which of the following could cause a decrease in the budget…

A: Restrictive fiscal policy is a tool of government, where it will try to cut its spending. Generally,…

Q: What are the major functions of a government budget? Discuss “revenue” and  “development” budgets…

A: A government budget is a statement of its planned expenditures and revenue receipts for a given time…

Q: 5. (Evolution of Fiscal Policy) What did classical economists assume about the flexibility of…

A: According to classical economists, a change in the prices, salaries, and interest rates of an…

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: 1. Recommend fiscal policy that is most likely to be invoked during a period of recession or high…

A: Fiscal policy is a tool in the hands of government officials to influence the growth of…

Q: explain the current macroeconomic

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

Q: Consider the three top spending priorities. How do public policy priorities, and how they are…

A: Government spending: It refers to the expenditure that government do in the economy. These…

Q: If you were given the chance to create or amend the 2021 National Budget Plan, What executive…

A: If I was given the chance to create or amend the 2021 National Budget Plan,  department of health…

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: 4 The discovery of oil and its subsequent production in Ghana in December 2010 gave citizens hope…

A: A fiscal regime is a set of instruments or tools such as taxes, royalties, and dividends  that…

Q: Actual Budget Deficit (-) or Surplus (+) Cyclically Adjusted Deficit (-) or Surplus (+) +0.1% Year 1…

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

Q: How does fiscal policy help the Philippine economy?

A: The government's tax and expenditure policies are referred to as fiscal policies. There are two…

Q: This course is designed to provide an understanding of market economies and the fluctuations they…

A: Depending upon the situation in the economy the government adopts expansionary or contractionary…

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: 14) Suppose real GDP is $12.6 trillion and potential GDP is $12.4 trillion. To move the economy back…

A: The GDP gap also being known as the output gap is the difference between actual GDP and potential…

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: When an economy is already at full employment, what is the outcome of expansionary fiscal policies…

A: Expansionary fiscal policy refers to increasing the money supply through increasing government…

Q: Q.1.5 Which one of the following statements regarding fiscal policy and the budget is correct?(a)…

A: Part a) When the government plans to stimulate economic activity, it can increase spending or reduce…

Q: xplain the five problems and criticisms that arise in the implementation of fiscal policy.

A: Fiscal policy is the policy that is adopted by the government to bring economic stability in the…

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

A: Tax paid = Tax rate * Income

Q: Counter-cyclical fiscal policy works.  If consumers and businesses lose confidence because of the…

A:

Q: . Why fiscal administrations important in government?

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

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: Question 1  What is the role of the Council Economic Advisers (CEA) as it relates to the…

A: given,First year budget deficit = $40 billionSecond year budget deficit = $20 billionThird year…

Q: Question 5 What is meant by "a tariff on imports?" Summarize the domestic effect of a tariff on the…

A: As per company policy we are supposed to answer only one question per session, will only be able to…

Q: If the budget deficit is lower than it was last year, we could say that      A) the general…

A: In an economy, budget deficit refers to a situation when government spending is higher than its…

Q: A: What are the three fiscal policy tools?     B: How would change each tool if your goal was to…

A: Hi there, you have asked a question with multiple subparts. We will answer only the first three…

Q: ught Ihto balance by reducing grants to provincial governments. 4. High and rising health care…

A: 4) Taxes are unintended fees placed on individuals or companies and levied by a government agency –…

Q: Explain the difference between a budget deficit and the national debt. How are they related?

A: A budget is a statement of the revenue and expenses of an economy over a given period of time. The…