Q: Explain how discretionary fiscal or monetary policies can be used to bring down the inflation rate.…
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A: The fiscal policy is the policy of the government regarding the taxation and the government…
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Q: True/False Unemployment benefits are an example of fiscal policy.
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Q: what is the effects of indirect taxes on inflation and demand.
A: Because of indirect taxes,price of the product increases.
Q: Which of the following is/are examples of expansionar fiscal policy A) An increase in taxes B) An…
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Q: What is the difference between indirect taxes and net indirect taxes? Macro economics
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A: Contractionary fiscal policy: Contractionary fiscal policy refers that when the government decreases…
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Q: the effects of indirect taxes on inflation and demand
A: Answer: Introduction: Indirect tax: it refers to the tax that is imposed on manufacturers or…
Q: The Consumer Price Index for the different years are as follows. 2017 299,74 2018 330,75 2019…
A: Given CPI2017 = 299.74 CPI2018 = 330.75 CPI2019 = 398.07 CPI2020 = 446.45
Discuss the effects of indirect taxes on inflation and
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- what is the effects of indirect taxes on inflation and demand.discuss the economic consequences of inflationIncome Tax rates will be changed to the following Marginal Tax Rates given by: T(I) = 40*I2/ I2+1000 T is the tax rate given as a percentage I is the income of the person in THOUSANDS of dollars What is the marginal tax rate approaching as Income approaches infinity? (round the nearest hundredth of a percent)
- What kind of fiscal policy will you use to fight against inflation. Explain it briefly.What are the main tax credit programs designed to boost the incomes of people who are unemployed or low earners? How effective are these tax credit programs, and for whom? Give two references and citations.Which of the following is an effective fiscal tool to control inflation in boom times?a) Reducing government spendingb) Increasing government spendingc) Decreasing taxationd) Increasing money supply
- What is the difference between indirect taxes and net indirect taxes? Macro economicsWhat is the appropriate fiscal policy to lower the unemployment rate? Group of answer choices decrease the money supply increase the money supply increase taxes decrease government spending increase government spending do nothingExplain the two causes of inflation