Fiscal policy refers to the    A. manipulation of the money supply in order to increase the amount of cash that the government holds.  B. adjustment of government spending and taxes in order to achieve certain national economic goals.  C. adjustment of national income data to account for price level changes.  D. government policy that aims at raising the market prices of certain good

Q: pending (b) deacrese

A: Inflation primarily measures the average change in price of a basket of commodities and also the…

Q: Why should the government try to help the economy and support it? Give at least two reasons.

A: A government plays a significant role in influencing the market outcome and to make changes in the…

Q: Which of the following is an example of fiscal policy? a. Fighting the war on terror b. Giving…

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

Q: Most of the government's mandatory spending is used on which of the following?

A: Most of the government's mandatory spending is used on social security schemes. Social Security…

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: Classical economists recommend the following: O strong unions minimum wage legislation O balancing…

A: The answer is - minimum wage legislation.

Q: What would be the impact of changing the determinant variables given in the first column (below) on…

A: When the government prepares for the elections, the main objective of the government will be to…

Q: High tax rates that put money into the government's funds tend to slow spending, and ultimately slow…

A: Tax: The word tax refers to the compulsory payment which is imposed by the government. It is also an…

Q: If the government got rid of sales tax, how might this affect the market? shift AD to the right…

A: When the government rid of sales tax, then the price of the goods decreases. Decreasing price leads…

Q: Think about an anticipated fiscal policy that could help to fight unemployment without creating…

A: The lucas model…

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: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an…

A: Fiscal policy is a policy that is used by the government of a country in order to influence a…

Q: During the past five decades, there has been a shift in the composition of the federal budget toward…

A: The government budget represents the spending plans of the government of an economy for a given…

Q: Question 4 An example of government policy conflict might be: O more spending to increase growth and…

A: There are various policies that are taken by the government. If the government increases its…

Q: Someone criticizes the government for increasing interest rates but approving the increase in…

A: Fiscal policy is the policy used by government to achieve macroeconomic objectives without any…

Q: Government is considering a policy change to stimulate the economy by encouraging private…

A: Government is considering a policy change to stimulate the economy by encouraging private…

Q: In the country of Mordor, the government spent $100 million on swords. Prices do not rise at all,…

A: Marginal propensity to consume (MPC) is the ratio of the change in consumption (∆C) to the change in…

Q: An increase in government spending would shift the __________________________…

A: Government spending: It means the spending by the public sector on goods and services.

Q: Explain how the government can use fiscal policy and monetary policy to reduce unemployment.

A: The government can influence the economy through fiscal policies, while the central bank can…

Q: The government runs a large budget deficit (and nothing else changes): a)Inflation stays the same…

A: Budget deficit refers to a situation when the government has outlined the budget and its division…

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: When President Obama was elected, the U.S. economy had slid into a recession. Consumer spending was…

A: The most essential standard of Keynesian theory of economics is that if an economy's investment(I)…

Q: Which economic policies affect a government's budget and include the increase or decrease the money…

A: Economic policies are policies or course of action taken by the government in the field of…

Q: There once was a town where thanks to expansive fiscal policy in Washington, the town had more money…

A: In this question:- Due to expansive fiscal policy in Washington, the town had more money to fix…

Q: What is the best policy to implement with regard to taxes?

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: Which of the following questions would an economist NOT answer? a. How do taxes affect consumers and…

A: An economist is an expert who studies the relationship between a society's wealth and its input or…

Q: identify and explain how the 2 central economic policies used by the US government

A: The United States has a mixed economy. It works as per a financial framework that highlights…

Q: A B C AS2 ASı AS1 AS2 AS2 AS1 AS1 ADAD2 ADA AD2 AD2 AD1 E F G H i MS: MS2 MS1 MS2 MS1 MS2 • MS, MS2…

A: Goods markets are marketplaces where businesses and individuals engage to buy and sell goods and…

Q: An ..... in ...... raises income in the short run and .....  in the long run. (Choose one or More)…

A: The money supply rises through the expansionary monetary policy, this action is taken by the central…

Q: nswer this question. Feel free to bring in graphs or data into your analysis. Your essay should be…

A: The net accumulation of the federal government's annual budget deficits is referred to as the…

Q: Scenario: It is the year 2035, and many people in the United States are very happy with the state of…

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

Q: When the exports are less than imports, then there will be ___________. a. Budget surplus b.…

A: Exports represent goods and services produced in one country, sold or provided to residents in a…

Q: The government reduces the tax burden (or tax rate), how the real GDP change a. if it is a closed…

A: GDP stands for gross domestic product and tells about the nations total income and the total…

Q: Question 1 Classify the following as microeconomics or macroeconomics and provide a justification…

A: a) Parliament debating over the decision to implement VAT so as to cut the deficit of the government…

Q: Why is macroeconomics important? a. it helps in determining appropriate fiscal and monetary policies…

A: Macroeconomics deasl with studying the economy as a whole. It covers a wider aspect and caters to…

Q: The government runs a large budget deficit and the central bank conducts OMO purchase to buy the…

A: Meaning of Budget Deficit and Fiscal Deficit: The budget deficit (also recalled as government…

Q: Do all these taxes and licenses reduce our disposable income?     Why do we sacrifice and pay…

A: Disposable Income: The amount of money that an individual spends on consumption and savings after…