Explain how the Finance Minister is held accountable.

Q: According to Bernanke’s policy guide,   Bernanke’s policy guide: 1/4 point reduction in long-term…

A: Fiscal policy is described in macroeconomics as a set of policies implemented by a government to…

Q: Describe three ways in which government spending can be financed

A: Government spending on goods and services is one of the major components of aggregate demand.…

Q: Fiscal policy determines the level of interest rates.True or False

A: Fiscal policy: It refers to the policy which is used by the government so that it can make…

Q: Do treasury securities finance a federal budget deficit? If so would the government purchase…

A: Yes, federal securities finance a federal budget deficit.

Q: Q6. How does fiscal policy affect the economy?

A: Answer: Fiscal policy: fiscal policy refers to the policy of government in which the government…

Q: What is the index of leading economic indicators, and how does it relate to discretionary fiscal…

A: A business cycle represents the periodic movement of the aggregate output of an economy in the…

Q: Increasing taxes to reduce national debt is more damaging to the economy than spending reforms…

A: Answer is number 2 i.e. Tax hikes harm economic recovery slowing growth, reducing GDP by more than…

Q: Some economists claim World War II ended the Great Depression of the 1930s. The war effort was…

A: The Great Depression was considered to be a severe worldwide economic depression that occurred…

Q: Critics of “new accounting” for federal borrowing argue that it does not matter what the government…

A: Federal borrowing alludes to a term that is utilized to depict a circumstance where the public…

Q: What is expansionary fiscal policy? What is contractionary fiscal policy? Does expansionary fiscal…

A: In Keynesian macroeconomic theory, aggregate demand plays a very major role in stabilizing the…

Q: (Wall Street Journal) “Washington Wire” is a column that appears on the front page of…

A: A price-quantity pair in which the quantity asked equals the quantity delivered is called…

Q: Suppose that in 2016 the federal government spent $680 billion and collected $480 billion in taxes.…

A: The government budget gives the summary of the expenditure and revenues of the government. The…

Q: Suppose that in 2016 the federal government spent $730 billion and collected $480 billion in taxes…

A:

Q: Crowding out occurs when expansionary fiscal policy causes unemployment to rise inflation to rise…

A: Fiscal policy refers to changes in government spending and taxes.

Q: earchers in the Office of the Parliamentary Budget Officer orted in 2018 that a. the fiscal policies…

A: The answer is - c. The fiscal policies of most province and territorial governments would increase…

Q: How fiscal policy works, and its benefits.

A: Fiscal policy is the use of taxation and spending to influence the economy. It determines how much…

Q: to 2002 c. 2002 to 2003

A: Contractionary fiscal policy is when the government either tends to raise taxes or cut spending.It…

Q: Fiscal policy is implemented by: Congress (the House and the Senate). the President of the U.S. O…

A: Fiscal or monetary policy refers to macroeconomic initiatives taken by the government to guide the…

Q: How did John Maynard Keynes economic theory influence the 20th Century fiscal policy?

A: Fiscal policy: - it is a tool of the government of a country in which the government adjusts its…

Q: If the president and parliament agree on a policy to reduce the budget deficit by increasing taxes…

A: If the government deicides to adopt a contractionary fiscal policy by increasing the taxes,…

Q: Which of the following terms is used to describe the set of policies that relate to government…

A: Government taxes and spending influence economic circumstances, notably macroeconomic factors like…

Q: What is the difference between expansionary and contractionary fiscal policy and what effects does…

A: Fiscal Policy: Fiscal policy is a part of an economic policy that is monitor by the government of…

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

A: The CEA was settled under the Employment Act,1946. It was established to provide the president with…

Q: what is the effect in increase in government expenditures when there is no taxes and deficit is…

A: The increase in the government expenditure would result in the expansionary fiscal policies of the…

Q: In addition to issuing bonds, explain any two major ways the government can raise revenue to finance…

A: In n economy, financing government debt is necessary to reduce the burden of future generation and…

Q: The government has many tools at its disposal to help create stability for an economy. Explain the…

A: The use of government spending and taxation for influencing the economy is known as fiscal policy.…

Q: Giving examples, outline the reasons for using a discretionary fiscal policy

A: Fiscal policy: It refers to a policy that is used by the government. It is a policy used to tackle…

Q: What is supply-side economics? Does it oppose the Classical, Keynesian, or Monetarist theory? How…

A: Answer:- Suррly-side  eсоnоmiсs  is  а  mасrоeсоnоmiс  theоry  whiсh  аrgues  thаt  eсоnоmiс  grоwth…

Q: Why does the government borrow money

A: Government is that entity that runs the entire nation. Government is responsible for thr maintenance…

Q: What kind of fiscal policy will you use to fight against inflation. Explain it briefly.

A: Fiscal policy refers to changes in the federal government purchases and taxes, which are intended to…

Q: Why do government budget deficit grow during recessions?

A: Recession is refers to the situation of lower economic activity. During recession, the economic…

Q: Crowding Out and Capital Formation) In earlier chapters, we’ve seen that the government can try to…

A:

Q: Suppose a government has a tax revenue shortfall. Will hyperinflation inevitably follow unless the…

A: Hyperinflation is a term used to define a nation's economic abrupt, disproportionate, and…