Some economists argue for the use of fiscal policy to solveeconomic problems; others argue against it. What are someof the arguments on both sides?

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: If the objective of fiscal policy is to stabilize (achieve full-employment (potential) GDP and…

A: A balanced budget is a circumstance in monetary planning or the budgeting technique where total…

Q: Explain and expand on How does fiscal discipline help businesses to grow in an economy?

A: Fiscal Discipline can be defined as a state when there is an ideal balance between the revenue and…

Q: Which of these fiscal options do you think might be favored by a person who wants to preserve the…

A: Contractionary fiscal policy means an increase in taxes or an increase in government expenditure. It…

Q: explain the purposes, tools, and limitations of fiscal policy?

A: The economies around the world tend to work with the motive and objective of increasing their…

Q: Describe the difficulties that can arise in implementing fiscal policy.??

A: Fiscal policy is known to be the policy in which the government uses three instruments which include…

Q: Give a brief definition of fiscal policy?  What are its economic goals?    Fiscal policy is the use…

A: Answer: Definition of fiscal policy: Fiscal policy is a policy of government wherein the government…

Q: Give three yes and three no arguments. Why Are tax cuts good for America?

A: Any tax cut would decrease the revenue for government and increase the income of people with tax…

Q: Under what conditions is expansionary fiscal policy the most effective at increasing output? Why?

A: Expansionary fiscal policy is the policy which is to be used to push back the equilibrium normal…

Q: 1. Explain how each component in fiscal policy is used to solve the economic problem and illustrates…

A: Fiscal policy consists of three main components: 1. Receipts from the government2. Government…

Q: Discuss the government’s use of discretionary fiscal policy in controlling economic fluctuations.

A: Fiscal policy refers to the government policy of expenditure and taxes. The changes in the tax and…

Q: The Government Debt Limits in USA is a hot topic, currently being debated in Congress. Should the…

A: The national debt level has been a huge subject of debate for U.S. domestic policy. Given the…

Q: As we emerge from the pandemic, your friends are concerned with the rising prices they're…

A: Introduction  Fiscal policy has known as budgetary instrument of government policy. It influences…

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: How fiscal policy works, and its benefits.

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

Q: Suppose a government has no debt and a balanced budget. Suddenly it decides to spend $10 billion…

A: Answer is given below....

Q: What are monetary, fiscal and growth and supply side policies. How can a government utilize fiscal…

A: The AD-AS model is the main crux when the government would decide on the quantity of the real GDP.…

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: Discuss the two (2) main tools that a government can use to implement fiscal policy.

A: The term 'fiscal' relates to the government's budget and signifies 'budget.' Fiscal policy is the…

Q: iscuss the federal budget of the U.S government. should it always be balanced?

A: "Since you have asked multiple questions, we will answer only first question for you. If you have…

Q: What are Expansionary and discretionary fiscal policies? Examples to dumb down.

A:

Q: Define the term fiscal policies and explain the government's government role in developing fiscal…

A: Fiscal policy is defined as the decision taken by the government to control the level of its…

Q: How is Milton Friedman’s economic theory used in the current (last 20-40 years) fiscal policy? Could…

A: Milton Friedman was an American economist and statistician who believed strongly in free market…

Q: economy with an income tax of 10%, what is the budget balance of thegovernment? economics

A: Autonomus utilization is the utilization consumption that happens when pay levels are zero. Such…

Q: Discuss how governments can use fiscal policy to address TWO costs of unemployment.

A: Answer: The TWO costs of unemployment are given below: (1). Loss of output or goods and services:…

Q: A: What are the three fiscal policy tools?     B: How would change each tool if your goal was to…

A: Fiscal policy refers to changes in government purchases and taxes, which are intended to achieve the…

Q: Explain the 3 features of ideal fiscal policy?

A: The use of government spending and tax policies to impact economic conditions, notably macroeconomic…

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: The U.S. is in a recession due to decreased Aggregate Demand in the economy. Should the government…

A: When there is a financial crisis in the economy or a rise in interest rates, fall in the prices of…

Q: Why is it important for a government to stimulate itseconomy through an active fiscal policy?

A: A fiscal policy is the policy which a government uses to influence the output and the employment of…

Q: What is fiscal policy? When should fiscal policy be used? Are there any negatives associated with…

A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…

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: Fiscal Policy) Was fiscal policy effective when the U.S. economy was experiencing stagflation during…

A: Fiscal policy is the policy used by government to stabilize the economy in the business cycle. The…

Q: How budget deficits and national debt are defined?

A: The budget deficits of government are a difference between the total spending of government and the…

Q: What are some ways congress has reacted to the expansion of presidential power?

A: To find : Ways congress has reacted to expansion of presidential power.

Q: Which one of the following statements regarding fiscal policy and the budget is (2) correct?(a) When…

A: Fiscal policy delineates the efforts planned  by the government with a view to stabilize the prices…

Q: Assume the economy has entered a recession. Identify two fiscal policy actions that could be used to…

A: The recession would result in the fall in the output and the fall in the GDP . The recession would…

Q: Outline the supply-side view of fiscal policy. How does this view differ from the various…

A: In the Supply- side view, the output of the economy is stimulated to increase by increasing the…

Q: What are the tools of fiscal policy? Give sample and explain.

A: Fiscal policy refers to the use of taxation and government spending by the government to influence…

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…