Fiscal policy refers to: the techniques used by a business firm to reduce its tax liability. the behavior of the nation’s central bank, the Federal Reserve, regarding the nations’ money supply. the spending and taxing policies used by the government to influence the economy. The government’s ability to regulate a firm’s behavior in the financial markets.
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- Fiscal policy refers to:
- the techniques used by a business firm to reduce its tax liability.
- the behavior of the nation’s central bank, the Federal Reserve, regarding the nations’ money supply.
- the spending and taxing policies used by the government to influence the economy.
- The government’s ability to regulate a firm’s behavior in the financial markets.
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- Fiscal policy refers to Group of answer choices the techniques used by a business firm to reduce its tax liability. the spending and taxing policies used by the government to influence the economy. the government's ability to regulate a firm's behavior in the financial markets. the behavior of the nation's central bank, the Federal Reserve, regarding the nation's money supply.The economy of a hypothetical country has been stable for two or three years with very low unemployment. Wages have been gradually increasing during this time. Now stock market prices begin significant increases, causing peoples’ investments, such as their retirement accounts and other investments, to increase in value. People feel very good about the future and use their new-found wealth to buy things that they had been hesitant to purchase in the past. Include detailed answers to the following questions: 1. What would be the likely impact on the government budget and national debt of the use of these fiscal policy tools (taxes, government expenditure, transfer payments, and interest rates)? 2. How would the use of these fiscal policy tools stabilize the economy?Government of Antigua and Barbudacan introduce fiscal policies such as financing of employment programs which will boost employment and provide income to the unskilled wager laborer, putting money into their hands can raise demand. Government expenditure will be required to increase in order to generate employment for the unskilled workers, bring down unemployment rate, and generate demand. In order to raise government expenditure, the deficit financing key, the government would have to sell government bonds. The government could also put proper tax collection measures in place to collect the outstanding taxes that are already on the books that have not been collected. This to decrease the employment rate from 14.83%. Show graph to support.
- In 2002 as the focus of the United States shifted to the War on Terrorism, deficits became substantial because: Question 4 options: of stable business cycles the offset requirement in government spending and taxes was started of a global economic depression. the government increased on the spending side and decreased its concentration on the taxing side the governments direct role in the economy does not fluctuate with the timesThe federal government ran a budget surplus in the late 1990 and in the year 2000, but has since returned to running a budget deficit. Present an analysis that identifies any long term gains which could result from a reduction in the budget deficit. (Analyze the composition of output.)Debt, the total of a government’s financial obligations, measures what the state borrows from its citizens, foreign organizations, foreign governments, and international institutions. Future worries about the ability of coming generations to ______________ (renege, repay, OR service) the debt ____________ (fortifies, saps, OR sustains) consumer confidence and _______________(maximizes, liberates, OR constrains) government flexibility.
- 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 goodGovernment spending in the federal budget that Congress can adjust as it wishes is calledA government is facing a significant budget deficit due to high levels of public spending and declining tax revenues. To address this, several measures are being considered, including cutting public expenditures, increasing taxes, and implementing more efficient tax collection methods. The impact of a budget deficit on an economy can include increased national debt and potential inflationary pressures. In this situation, the most effective approach to address the budget deficit would be:A) Borrowing more funds internationallyB) Cutting essential public servicesC) Increasing taxes and improving tax collectionD) Privatizing all public services Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism.Answer completely and accurate answer.Rest assured, you will receive an upvote if the answer is accurate.
- True or False: Fiscal policy refers to government actions related to taxation and government spending to influence the economy.In 2010 the Greek government had to inform the European Commission on how it would control its budget deficit and improve the performance of its economy. The government’s debt is so high that agencies assessing the creditworthiness of the government downgraded it (which would mean more interest has to be paid to raise finance). Proposals were likely to include a 10% cut in government spending. Questions Outline two possible economic objectives of the Greek government. Explain why the government’s budget deficit might be in a large deficit. What would the effect on aggregate demand be if the government cut public spending by 10%?An excess of government revenues over expenditures results in a budget deficit True False