One of the purposes of equalization is to help federal government to reduce fiscally induced migration. Canada Health Transfer and Canada Social Transfer should be viewed as fiscal capacity grants to deal with horizontal fiscal imbalances. Higher tax on buyers of luxury furnitures is horizontally equitable because the buyers of these furniture are more likely to be rich.
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- Under which of the following conditions does a country'srun a budget deficit in a particular year? O The amount of new loans to developing nations exceeds the amount of loans paid off by developing nations.O Government spending exceeds tax revenues.O The debt owed to foreigners exceeds the debt owed to the country's citizens.O The amount borrowed exceeds the interest payment on the national debt.© Interest payments on the national debt exceed spending on goods and servicesargues on the intervention of fiscal policy as an instrument to promote growth, sustainability and economic stability of a country. (Provide a detailed example).taxation is an essential fiscal policy tool for mobilizing resources for socio-economic development and in particular middle country such as Ghana. Discuss?
- Q.1.5 Which one of the following statements regarding fiscal policy and the budget is correct?(a) When the government plans to stimulate economic activity, it can increase spending or reduce taxes;(b) Revenue from tax is always greater than government spending in SouthAfrica;(c) Demand management only refers to fiscal policy;(d) A contractionary fiscal policy should be implemented to combatunemployment.On this graph show and explain the impact of the fiscal packages policy implemented in Trinidad and Tobago due to COVID-19If transfer payments are included when evaluating tax burdens, then the average tax rate of the poorest quintile of taxpayers would be approximately Group of answer choices negative 30 percent. negative 10 percent. positive 1 percent. positive 8 percent. Macro Economics *
- Discuss the various stimulus programs (Fiscal Policy) implemented by the U.S. government during Covid -19 crisis.Could the expansionary fiscal policy adopted by the U.S. government lead to economic recovery from the Covid-19 shutdown?Examine the effects of government expenditure as a fiscal policy measure on the Philippines economy. (5 Marks)
- Talona's government has decided to fund its increasing budget deficit by raising capital in the international financial capital markets. Discuss the most likely outcomes that are closely associated this type of fiscal policy.Discuss the impacts of fiscal policy in Fiji during covid-19.In trade negotiations with the Japanese over the large US trade deficit with Japan, the US administration has urged the Japanese government to undertake a more expansionary fiscal policy. Explain how this might affect the US trade deficit with Japan.