Review a government policy implemented between 2000-2010 and discuss the effects it had on the economy.

Q: Describe three ways in which government spending can be financed

A: Government spending on goods and services is one of the major components of aggregate demand.…

Q: In order to boost output, the federal government engages in fiscal policy, which government spending…

A: Hey, Thank you for the question. According to our policy, we can only answer 1 question per session.…

Q: Fiscal policy determines the level of interest rates.True or False

A: Fiscal policy: It refers to the policy which is used by the government so that it can make…

Q: Should the United States government attempt to operate under a balanced budget? Why, or why not?

A: In an economy, government budget refers to the statement under which government record preplanned…

Q: it is easier for governments to change taxes or spending plans?What

A: In macroeconomics, the government and the central bank plays a very important role in stabilizing…

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: Discuss the three broad functions of the government

A: The government is an authority or power that organizes on behalf of a community of citizens. In the…

Q: Why does the budget require a forecast of the economy? Under what circumstances would actual…

A: A budget is a financial document or the financial plan of an economy which includes the planned…

Q: Which of the following is NOT a tool of fiscal policy. O taxes government spending Interest rates…

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

Q: What is the difference between government expendituresand government purchases?

A: Government payment is that the quantity of cash spent by the govt on buying merchandise and…

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: what is National Debt?

A: Answer: Introduction: National debt refers to the amount that any government has borrowed and liable…

Q: In 2005 national government spending is $4.00 trillion and tax collections are $4.00 trillion. This…

A: Budget refers to the amount of money that the government of a nation has, which it intends to spend…

Q: What are the positive and negative impacts of fiscal policy on businesses within an economy?

A: Fiscal policy refers to the policies of expenditures and taxes of the government of a country. It…

Q: what happen to the country if the government income decrease?

A: Tax is one of the significant sources of income for the public authority to do its work. Tax income…

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: Who can give a supportable market value opinion on a federal loan?

A: Financial Management Office (OCC), Federal Reserve System Board (FRB) Board of Trustees, Federal…

Q: how does the fiscal policy handle the major macroeconomic failures of unemployment?

A: The failure of unemployment has been a major issue of concern regarding the macroeconomic conditions…

Q: Government spending in the u.s federal budget that congress can adjust as it wishes is called ?

A: Major portion of the federal budget goes towards mandatory programs of social security, medicare and…

Q: Which of the following is an example of fiscal policy? Select an answer and submit. For keyboard…

A: Fiscal Policy refers to the measures employed by the governments to stabilize the economy of the…

Q: The government decides that it will cut taxes in an attempt to move the economy out of a severe…

A: Answer TRUE statements

Q: Fiscal policy can be classified into which two groups

A: Fiscal policy alludes to the public authority activity to impact the market by making changes in tax…

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: 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: Key limitations to fiscal policies.

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

Q: Mention a type of fiscal policy or monetary policy that is currently being implemented. Then discuss…

A: The fluctuation in the economic activity is tracked by the business cycle. In an economy, the fall…

Q: Can you suggest fiscal solutions for the economic problems of the United States between 2000-2005

A: The economic problem of the United States between 2000-2005 was a major dropdown for the country's…

Q: How can the government utilize the instruments within a fiscal policy to stimulate economic activity…

A: The fiscal policy involves use of different tools to influence the aggregate demand in the economy.…

Q: For the U.S. government, which of the given is NOT an example of discretionary spending? defense…

A: Answer is Medicare. Medicare spending is not an example of discretionary spending and it does not…

Q: Suppose the economy is such that the current GDP is great than potential GDP. If the government does…

A: When the current GDP is higher than the potential GDP of a country it means the economy is…

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: How does government spending pose a challenge to a business? And to the wider economy?

A: The government can pose a challenge to the businesses and to a wider economy in a number of ways.

Q: An economist who believes the economy is self-regulating is more likely to advocate laissez-faire…

A: The self-regulating economy means that the economy does not need any special interference by any…

Q: key limitations to fiscal policy

A: There are various limitations to fiscal policy. These are mentioned below:

Q: What is a stimulus package?

A: When talking about stimulus package, it is generally considered as the government action because it…

Q: How does shadow economy affect GDP?

A: The shadow economy is the economic activity that is not declared activates and for which taxes…

Q: Who has a better chance at getting a high paying job as an economic policy advisor in a republican…

A: In the republican administration Keynesian economists have higher chance for getting a higher paying…

Q: How do you think can the people ensure the appropriate and efficient spending of public money by the…

A: Government and central bank are important for the economy. Some countries have certain resources in…

Q: The impact of an increase in government spending would be to a) increase the interest rate b) leave…

A: Government spending is spending on infrastructure, roads and highways, national defense and…