Supply-side fiscal policy initiatives include the following items EXCEPT: Group of answer choices R&D tax credits Education policies (subsidies or tax breaks) Lower corporate profit tax rates Open market operations

Q: When there is a problem of a delay in terms of implementation of the fiscal policy, that would be…

A: Fiscal policy refers to the employment of presidency spending and tax policies to influence economic…

Q: Projected future expenditures on entitlement programs such as Social Security and Medicare are…

A: Budget refers to the outlet set by the economy in terms of income and expenditure during a given…

Q: Automatic stabilizers:     A)  counteract both recessions and expansions through changes in…

A: Automatic stabilizers are part of the government budget that offsets fluctuations in aggregate…

Q: All of the following are automatic fiscal stabilizers EXCEPT O a congressionally mandated decrease…

A: An automatic stabilizer is a policy in effect at all the time in an economy and works inverse of the…

Q: Increasing taxes to reduce national debt is more damaging to the economy than spending reforms…

A: Answer is number 2 i.e. Tax hikes harm economic recovery slowing growth, reducing GDP by more than…

Q: discuss the economic implications of  Joe Biden’s fiscal stimulus for the US economy and the…

A: The economies around the globe are focused on their development and growth in various areas. The…

Q: Subsidies can be in different in forms. These includes ____________.  tax holidays Cash grants All…

A: The form of financial support or aid being provided which extends to an economic sector having the…

Q: Expansionary fiscal policy occurs when the government decreases spending or increases taxes to…

A: Fiscal policy is the tool used by government to control the economy.

Q: Expansionary fiscal policy   Group of answer choices can be effective in the long run.   causes…

A: Expansionary fiscal policy refers to the policy use of the government budget to affect the overall…

Q: Specify whether expansionary or contractionary fiscal policy would seem to be most appropriate in…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: A short-run AS/AD economy has an AS/AD spending multiplier of 2.0 and an income tax rate of t = 0.3.…

A: Spending multiplier refers to the multiplier effect of change in spending on the total output.…

Q: The lag between the time the need for fiscal action is recognized and the time action is taken is…

A: In economics, a delay between an economic action and a consequence is often seen. This is defined as…

Q: 55)If the real GDP and Price level both decreased, the following must have occurred: Select one: a.…

A: In contractionary fiscal policy, the government cut down the expenditure or increases the tax. A…

Q: Optimal fiscal federalism refers to A.the optimal distribution of property taxes across local…

A: Sometimes there isn't optimal provision of public goods by the local government for which the…

Q: Which of the following is NOT an automatic stabilizer?     income taxes   transfers for welfare…

A: As the name suggests itself Automatic stabilizers can be defined as the tool of fiscal policy which…

Q: According to the supply side fiscal policy, increasing tax rates on wages will: Group of answer…

A: When there is increase in wages, there is increase in cost of production.

Q: The advantage of automatic stabilizers over discretionary fiscal policy is that A) automatic…

A: “Hey, since there are multiple questions posted, we will answer first question. If you want any…

Q: Which of the following is NOT a fiscal policy action? Group of answer choices decreasing government…

A: Fiscal policy is used by governments that have an economic influence. Changes in taxation and…

Q: Supply-side fiscal policy targets which of the following? A) Long-run Aggregate Supply B) Short-run…

A: Supply-side fiscal policy states that increasing the supply of goods pushes the economy of the…

Q: Discuss four problems that complicate the application of fiscal policy, include a description of…

A: Fiscàl policy  We show that Fiscàl policy is  the government's policy of stabilizing the economy by…

Q: The crowding-out effect of expansionary fiscal policy suggests that Multiple Choice government…

A: Crowding out effect is that when government borrow money from public then the loanable fund supply…

Q: Which of the following is NOT a fiscal policy action? Group of answer choices decreasing government…

A: The answer is - raising the quantity of money in circulation

Q: When the government finances deficit spending through the issue of government bonds, the government…

A: Fiscal Deficit Fiscal deficit refers to a situation in which government spends more than its…

Q: When a current generation approves a government program that results in a deficit which is paid for…

A: The amount of money borrowed by one party from another is referred to as debt. A debt agreement…

Q: During a recession, if counter-cyclical fiscal policy were implemented we would expect the…

A: Fiscal policy refers to changes in government spending and taxes.

Q: Which of the following would be classified as fiscal policy?  The federal government passes tax cuts…

A: Answer - Need to find- Which of the following would be classified as fiscal policy  Given in the…

Q: Crowding out occurs when the government   Question 33 options:   a)  balances the budget,…

A: The tendency for increases in government spending to cause offsetting reductions in spending within…

Q: Which one of the following propositions would be consistent with a supply-side view of fiscal…

A: Macroeconomics analyzes the economy as a whole. It studies aggregate economic concepts such as…

Q: Average Tax Rate Tax Revenue ($B) 20% $250 40 300 60 250 80 200     Refer to the table. If the…

A: Given that the current tax rate is 60%, the tax revenue is $250. In order to increase the revenue,…

Q: (Fiscal Policy) Define fiscal policy. Determine whether each of the following, other factors held…

A: Answer- Fiscal Policy - This is a policy which a government adjusts its spending levels and tax…

Q: upply-side economists: saw influence beyond in both the Bush and Clinton administrations.…

A: Supply side economics suggest that government policy should be used to improve incentives. This will…

Q: fiscal policy is most effective when combating recessions caused by demand shocks recessions caused…

A: The use of government spending and tax policies to influence economic conditions, especially…

Q: Fiscal policy refers to Multiple Choice fact that equal increases in government spending and…

A: In an economy, two primary form of macroeconomic policies are fiscal policy and moentary policy.

Q: Which of the following statements is true? Unlike monetary policy, fiscal policy is not subject to…

A: Policy: It refers to the plans and programs made for the growth of the economy. The policies are…

Q: Supply-side fiscal policies focus on improving the incentives to work, save, and invest.   Group of…

A: In the market, when the government wants to implement fiscal policy, it can either impose…

Q: Title Actions by the Federal Government that decrease the progressivity of the tax system: a.…

A: Tax system of a country refers to the process through which the tax has been collected by the…

Q: Contractionary fiscal policy is designed to combat demand-pull inflation and consists of a decrease…

A: Contractionary fiscal policy is implemented to reduce the inflationary gap. This gap is usually…

Q: Explain by means of aggregate demand equation and IS-LM model graphs the concept behind Fiscal…

A: The policy makers are the decision making authorities, which makes decisions regarding which…

Q: hich of the following policy measures is not discretionary? a. Income tax surcharges designed to…

A: In an economy, discretionary policy refers to the one that is implemented for a specific purpose or…

Q: Which of the following is not an automatic​ stabilizer?     A. Unemployment compensation.   B.…

A: Answer: Correct option: (B) Defense spending. Explanation: Automatic stabilizers are the components…

Q: Which statement below is true of ONLY fiscal policy? Uses government expenditures to create demand…

A: The fiscal policy is the policy of the central government regarding the taxation and the government…

Q: Counter-cyclical fiscal policy and monetary policy is meant to     increase long-run trend GDP…

A: Countercyclical fiscal and monetary policy is the one which tries to change the direction of the…

Q: Active policy making refers to nondiscretionary policy making. relying on policies that act as…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Part of the spending on the Caldecott Tunnel project in northern California came from the American…

A: In an economy, fiscal policy is when government make changes in aggregate demand and other…