If you were the Prime Minister of Malaysia, what would you do to reduce the fiscal deficit of the country? Explain in detail.

Q: Explain how, for a country with a high debt ratio, if the financial markets fear that the country…

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: What is deficit, and why is the government willing to do this? What is expected to happen to the US…

A: At the point when a government's expenditures on goods, services, or transfer payments surpass their…

Q: Would you please explain carefully several financial sources how the government financing its…

A: The gap between the government's total revenue and total expenditure is known as the fiscal…

Q: Of the two methods of reducing the deficit to zero-raising taxes or decreasing government…

A: For reducing the deficit to zero, increasing the tax rate, or decreasing government spending can…

Q: Why did the budget surpluses in 2000 and 2001 give way to a series of budget deficits beginning in…

A: In the 2000 and 2001 budget surplus was 2.5% and the cyclical adjusted budget surplus was 1% to the…

Q: How could the government lower the federal deficit?

A: A government deficit occurs when the spending (subsidies, pensions, infrastructure, and other…

Q: what are the conventional and unconverntional ways to reduce a deficit and what are the related…

A: Budget deficit happens when the income/revenue of the government falls short of its expenses.

Q: What are implications for a government running deficits?How could that be effectively addressed?What…

A: The economies around the world tend to focus on enhancing their economic growth in a way that  it…

Q: What are the the Costs and Benefits of Deficits?

A: The deficit is the situation when expenditure is higher than the revenues of an economy.

Q: Diffrentiate between primary deficit and revenue deficit

A: While talking about the deficits of the goverment we come across the concepts of primary deficit and…

Q: What effect did the economic program have on the federal deficit?

A: ECONOMIC PROGRAM: Economic programs are the programs formed to improve the economy of the United…

Q: True or false and explain: The national debt represents a threat of bankruptcy.

A: No. Country cannot become bankruptcy. Generally country can exist longer time period, if it is…

Q: How can a government that isn't running a deficit still get itself into financial trouble?

A: When the government revenue is less than government expenditure it leads to deficit (Budget…

Q: what are three ways that national debt affects the economic prosperity of a country.

A: A strong fiscal direction is a must for a growing economy. A nation on a viable fiscal path creates…

Q: The use of government spending and taxation to affect aggregate demand are examples of fiscal…

A: Aggregate demand is the measure of total goods demanded and services too in any particular economy.…

Q: The following table describes government spending and revenue. Based on the following table, how…

A: Given the economy is at full employment, the level of GDP is 14000 Tax revenue = government revenue…

Q: Distinguish between deficit and debt.

A: Deficit refers to the outflow of money that is greater than the inflow of money. For example, a…

Q: What is meant by revenue deficit and what does it indicate

A: There are three main deficit of any government which are:- (1) Revenue deficit (2) Fiscal deficit…

Q: What are the budget deficits

A: Budget- It is a financial plan for a particular time period.

Q: explain why the government deficit rises as the economy contracts and why the government deficit…

A: The government budget refers to a fiscal or financial statement that includes all the receipts (or…

Q: Deficit Vs. Debt

A: In economics, debt and deficit both terms are used as monetary aggregates because these are the…

Q: Describe how the federal deficit is a burden on the shoulders of future generations.

A: Answer: Introduction: Deficit or budget deficit refers to the excess of spending over revenue. In…

Q: Describe the major differences in Republicans and Democrats plans on how they plan to create new…

A: Republican-style economic regulation The Republican Party is known for being pro-business and…

Q: In 2010 the Greek government had to inform the European Commission on how it would control its…

A: The Greece crisis was one of the biggest financial rescue of a bankrupt country. In 2009, the…

Q: How will you identify budget deficits?

A: Budget deficit is a negative budget balance, where Budget balance = Tax revenue - Government…

Q: A deficit during a period of economic prosperity is called a deficit.

A: The expansion and peak periods of the business cycle are referred to as an economic boom. It's also…

Q: Is it a good policy for the government to create budget deficit?  Why and why not?

A: The government is creating a budget deficit in order to stimulate the aggregate demand. To boost the…

Q: Is rising national debt is harmful to the U.S economy?

A: National debt refers to the total amount of financial borrowings by the people and the government of…

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: )Which of these methods of government deficit finance is MOST likely to crowd out private…

A: Government budget deficit: - Government budget deficit is the condition in which the government…