Our federal government establishes a budget that determines what programs and services can be provided and how to pay for these programs and services. How does fiscal policy differ from the federal government establishing a budget? How does fiscal policy prevent a recession? What are some fiscal policy options for moving the economy out of a recession?

Q: What is the importance of fiscal policy during times of economic recession?

A: Fiscal policy refers to the type of the economic policy in which the government of a country tries…

Q: What is fiscal policy? And what are the different views on it from political platforms?

A: In economics, the term fiscal policy refers to the method by which a nation’s government adjust…

Q: What is meant by fiscal policy? How far can it be used to ensure, a high level of employment?

A: In a market economy, decisions are taken by the market forces and the government has limited…

Q: What are some dangers of Fiscal Policy?

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

Q: State any two objectives of fiscal policy?

A: According to the given question Gradually we can say that fiscal policy always leads to the…

Q: Fiscal policy is spending and taxation of the executive branch of the federal government; in…

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

Q: Describe fiscal policy. How can it affect the money supply, interest rates, and the expansion and…

A: Fiscal policy refers to the method of government spending and tax policies to take a control over…

Q: What is Fiscal Policy? Discuss types of Fiscal policies

A: Fiscal policy refers to change in government expenditure and revenue(taxes) in order to achieve…

Q: What are the budget revenues for a government to finance government spending?

A: Budget revenues are detailed information of revenues  receipts and expenditures of the government.…

Q: What is fiscal policy and why it’s important?

A: Fiscal policy is used to control the affects of business cycles in the economy. In times of…

Q: What is the meaning and definitions of fiscal policy?

A: Fiscal policy is implemented by the government of a country. Money supply refers to the total volume…

Q: Which one of the following statements regarding fiscal policy and the budget is   correct?(a) When…

A: The two kinds of macroeconomic policies adopted to tackle the demand or supply shocks faced by an…

Q: Who is in charge of the fiscal policy?

A: The fiscal policy is the policy of the policy of the government in the economy to control the…

Q: Who Controls Fiscal Policy?

A: option 2 is right answer The president and Congress Federal Reseve no role in control  fiscal policy

Q: Propose the Fiscal Policy needed to fix this economy.

A: A) Cost push inflation (Graph Type) In graph we can there is an increment in the price level because…

Q: Who prepares and passes the federal budget?

A: The United States federal budget involves the spending and incomes of the U.S. national government.…

Q: in a government budget the primary deficit is $10,000 million and the interest payments is dollar…

A: In an economy, government make expenditure for different purposes that may lwad to arise primary and…

Q: Compare and contrast the use of government spending changes versus tax changes as a means of…

A: Both fiscal policies whether it is the use of government spending and use of tax changes are…

Q: When the government deliberately alters its level of spending and/or taxes in order to achieve…

A: ‘Fiscal policy’ refers to the use of ‘government revenue collection’ & expenditure to influence…

Q: Which of the following is carried out in a contractionary fiscal policy? a. Higher taxes and lower…

A: Fiscal policy is initiated by the government of the country.

Q: Which of these is MOST LIKELY to occur after the government increases taxes?   A.) Consumer…

A: When taxes are increased, consumers' spending reduces as disposable income falls. Consumers are left…

Q: What does an increase in the income tax rate​ illustrate? An increase in the income tax rate is an…

A: What does an increase in the income tax rate​ illustrate? In general, [income] tax rate increases…

Q: Who is in charge of fiscal policies, and how do their different multipliers work?

A: The fiscal policy is the use of the government budget to affect an economy. when the government…

Q: Using examples from 2008-currently, explain fiscal policy. In your answer be sure to include what…

A: Main objective of any economy is stabilisation, economic growth, employment generation and poverty…

Q: Fiscal Policy

A: Introduction of Fiscal policy:-It is a policy via which a government makes adjustments in its tax…

Q: What are problems that governments may encounter in enacting and applying fiscal policy? Explain the…

A: Fiscal policy is tools available to government to counter the economic imbalances, using an…

Q: How would you explain Discretionary fiscal policy:

A: Fiscal Policy- It is the policy adopted by the government to bring economic stability by the help of…

Q: 15 MULTIPLE SELECT: If the government decides to utilize a contractionary fiscal policy, which of…

A: Fiscal policy is sometimes compared with monetary policy, which is determined by central bankers…

Q: Complete the following sentence. As it relates to fiscal policy, a budget deficit exists when:Choose…

A: Fiscal policy measures the effectiveness of government budgets in an economy. This includes…

Q: When the economy is in a recessionary mode, what will likely be the actions by government using…

A: The government's policy to manage the money supply in the economy is known as fiscal policy. This…

Q: Explain the elements or test of fiscal policy that play a critical role in economic development.…

A: Fiscal policy is that the government rejects their spending and controls taxes and influences the…

Q: Key limitations to fiscal policies.

A: Fiscal Policy is that the use of state spending and taxation levels to influence the amount of…

Q: Compare two fiscal policies: a tax cut on income or an increase in government spending on roads and…

A: FP is a tool of government to stimulate the economy. It includes government expenditure and taxes,…

Q: What is fiscal policy

A: In Keynesian economics, the changes in aggregate demand in the economy are able to affect the output…

Q: What are the limits of fiscal policy?

A: Fiscal policy:- It is the government mechanism to either control the level of economic activities.…

Q: When the government spends more than it takes in taxes it must borrow money to finance its…

A: When the state spends more than tax collection, the budget is said to be in deficit. When the state…

Q: Describe the role of the budget in fiscal policy

A: Fiscal policy is the use of public funds and tax assessments to affect the economy. Governments…