Someone criticizes the government for increasing interest rates but approving the increase in government spending.  They are criticizing the government’s ____policy and praising the government ___ policy. Group of answer choices   Monetary, Fiscal   Fiscal, Monetary   Microeconomic, Macroeconomic   Macroeconomic, Microeconomic

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

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Q: MULTIPLE CHOICE QUESTIONS1. Which of the following is a category of fiscal policy?A) government…

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Q: How does the government spend?

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Q: Some economists claim World War II ended the Great Depression of the 1930s. The war effort was…

A: The Great Depression was considered to be a severe worldwide economic depression that occurred…

Q: Presidential candidate trump promised in mid 2016 that if he became President, he would never have…

A: A budget deficit occurs when expenses exceed revenue and indicate the financial health of a country.…

Q: ich of the following is an example of a "government failure"? Government implementing a balanced…

A: Government failure, with regards to public financial aspects, is a monetary shortcoming brought…

Q: A market that is operating efficiently     maximizes total surplus.     maximizes consumer…

A: A circular flow of income/money is the continuous circular flow of money and goods &…

Q: When the federal government uses taxation and spending actions to stimulate the economy it is…

A: It is the policy of the government regarding public revenue and public expenditure. Through the…

Q: Review a government policy implemented between 2000-2010 and discuss the effects it had on the…

A: Government can adopt various policies as a measure to improve the economic growth. Between 2000-2010…

Q: Describe three ways a government policy maker can try to raise the growth in living standards in a…

A: The following are the three ways in which a government policymaker can try to raise the growth in…

Q: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an…

A: Fiscal policy is a policy that is used by the government of a country in order to influence a…

Q: During the past five decades, there has been a shift in the composition of the federal budget toward…

A: The government budget represents the spending plans of the government of an economy for a given…

Q: Question 4 An example of government policy conflict might be: O more spending to increase growth and…

A: There are various policies that are taken by the government. If the government increases its…

Q: Write a paragraph that explains how the U.S. tax system has become less progressive since the 1950s.

A: In the last 50 years, the federal tax system of the US has undergone 3 main and powerful changes.…

Q: A. Expansionary fiscal policy encourages the increase in tax rates. B. Economic growth means…

A: In an economy, fiscal policy refers to the government's intervention at the marketplace by making…

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: Explain how the government can use fiscal policy and monetary policy to reduce unemployment.

A: The government can influence the economy through fiscal policies, while the central bank can…

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: Between 1998 and 2000, the U.S. government had higher revenue than spending. Which of the following…

A: National debt in period N = National debt in period (N - 1) + Increase in budget deficit (- Decrease…

Q: When President Obama was elected, the U.S. economy had slid into a recession. Consumer spending was…

A: The most essential standard of Keynesian theory of economics is that if an economy's investment(I)…

Q: There once was a town where thanks to expansive fiscal policy in Washington, the town had more money…

A: In this question:- Due to expansive fiscal policy in Washington, the town had more money to fix…

Q: Changing Budget Priorities) What spending category claimed the largest share of federal outlays…

A: When an unregulated market fails to allocate resources efficiently then this situation is known as a…

Q: Which of the following is a TRUE statement about arguments for and against requiring a balanced…

A: The federal budget is the government's forecast for income and expenditures for each fiscal year.The…

Q: Policy Failure Fiscal policies can work only if private enterprises respond to them in certain way;…

A: Fiscal policy is the policy of the government regarding financial matters such as the tax rate of…

Q: The government decides to fill gaps in Medicare by making it available to more people. This is…

A: In this case, we have to show the types of fiscal policy. Because fiscal policy contraction and…

Q: The three broad functions of the government are :  the allocative function  the distributive…

A: Governments govern economic and social interactions between individuals and private organisations,…

Q: True/False Questions 1. When the government redistributes income with taxes and welfare, the economy…

A: The transfer of income and wealth (including physical property) from some persons to others by a…

Q: what role does taxation and budget process play in government decisions?

A: The budget process is a very essential aspect of the decision-making process of the government.…

Q: Economic situation: The economy is suffering from an unemployment problem created by too little…

A: A fiscal policy of expansionary nature works when the nation is going through a low, and it will…

Q: Elaborate on the different roles of government in the economy and how the economy affects the…

A: The major economic functions of the government are allocation function, distribution function, and…

Q: Scenario: It is the year 2035, and many people in the United States are very happy with the state of…

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

Q: Government policy concerning its spending and taxation is called Multiple Choice the quantity theory…

A: There are two types of policies, fiscal policy and monetary policy.

Q: Question 1 Classify the following as microeconomics or macroeconomics and provide a justification…

A: a) Parliament debating over the decision to implement VAT so as to cut the deficit of the government…

Q: Someone criticizes the government for increasing interest rates but approving the increase in…

A: Central bank actions aimed at altering the amount of money and credit in an economy are referred to…

Q: Which of the following BEST shows fiscal policy? A The Federal Reserve buys bonds. The United States…

A: Here federal reserve open market buy operations, printing more money or increasing supply of money…

Q: Why is macroeconomics important? a. it helps in determining appropriate fiscal and monetary policies…

A: Macroeconomics deasl with studying the economy as a whole. It covers a wider aspect and caters to…

Q: onary Fiscal Policies while others are in favor of Expansionary Monetary Policies. Prepare a…

A: Monetary policy involves changing of the interest rate and influencing the supply of money.Fiscal…

Q: Draw and label a circular flow diagram that includes the government

A: Circular flow: The circular flow of pay or roundabout stream is a model of the economy where the…

Q: Economics Reaganomics (Supply Side Economics) tells us that are more like than Group of answer…

A: Reaganomics is a popular economic policy given by Ronald Reagan, the 40th U.S. president. This…