The American Recovery and Reinvestment Act of 2009 included mostly increases in taxes and government spending decreases in taxes and government spending increases in government spending and decreases in taxes decreases in government spending and increases in taxes

Q: Some government taxes and transfers automatically temper recessions and expansions without any…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: Which fiscal measure should be adopted in correcting inflationary Gap? (A) Reduction in Public…

A: The inflationary gap is the measurement of the gap between the current level of the Gross domestic…

Q: On Friday, 27 September, 2019, the Minister of Finance, Honourable Dr. Bwalya Ng’andu, MP, presented…

A: Taxation Tax is the main source of revenue for the government of the nation. Tax is of two types…

Q: Consider the data below for federal budget recoipts, federal budget spending, and GDP in the U.S.…

A: The difference between the government receipts and the government spending would cause government…

Q: True or False: Pensions and income security make up the largest share of federal expenditures.

A: The expenditure of the economy is divided in two parts which are state and central government…

Q: The public debt is the amount of money that Multiple Choice the federal government owes to…

A: Public debt is the loan taken by the government from the public, banks, institutions, and…

Q: What does a declining national debt indicate? )The government is receiving more money in taxes than…

A: The national debt is the total of all liabilities owed by a country's government. The financial…

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: For each of the separate scenarios, discuss the associated shortcoming of fiscal policy: After an…

A: In an economy, fiscal policy is the one that is developed and implemented by the government, but it…

Q: 03. Referring to Fig 2d and the attached table, determine whether average federal individual income…

A: A recession is the economic condition which brings contraction in the economic activities through…

Q: If MPC = .5, a simultaneous increase in both taxes and worthless government spending of $20 will:…

A: The balanced-budget multiplier is equal to 1 in this case . When the government increases spending…

Q: 42. Automatic stabilizers include all of these EXCEPT a. tax revenues. b. transfer payments. c.…

A: As per guidelines, we will answer the first question.

Q: Which of the following statements about government deficits is correct? a. Deficits should occur…

A: Deficit occurs when the government expenditure tends to be larger than the income of government.

Q: From 2008 to 2012, in the aftermath of the financialcrisis, the ratio of government debt to GDP in…

A: During 2008 to 2012, the US economy was under a financial crisis. The slowdown in economic activity…

Q: If the primary goal is to reduce inflation, which of the following fiscal policy actions would be…

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

Q: In 2008, the government increased its debt by $50 billion and it received $300 billion in revenue.…

A: Since the total revenue of the government in the year is $300 billion In the year the government…

Q: If  US economy moves into an expansion while producing more than potential GDP, then: a) government…

A: When the economy moves into an expansion, actual GDP exceeds potential GDP.

Q: Determine whether the following government actions are discretionary or nondiscretionary spending.…

A: Discretionary fiscal policy is a policy action aimed at stabilizing the business cycle. Non…

Q: If net taxes fall by $80 billion, we would expect  the government deficit to fall by $80 billion.…

A: Taxation policy effects the level of savings of the households. Decrease in taxation will stimulate…

Q: A government has 15 trillion in debt (B). The real interest rate (r) is 6% . If the government…

A: The correct answer is given in the second step.

Q: True/False # Government budget is a statement of actual receipts and payments of the government for…

A: A government budget is a report ready by the government or potentially other political element…

Q: Deficit spending" refers to a situation where the government:  A. Spends borrowed funds B. Collects…

A: When tax revenue collected by the government is equal to government spending the situation is known…

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: Determine the adverse macroeconomic consequences that a government faces when it maintains a…

A: A budget deficit occurs when spending exceeds income, and it represents the strength of a nation's…

Q: Given a full employment level of GDP of 700 Trillion and a current level of 670 Trillion the…

A: Full employment level refers to a situation as described by the classical economists that all the…

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: The government’s budget deficits have tended to be somewhat ‘counter-cyclical’ with deficits…

A: The expansionary fiscal policy during the recessions sometimes lead to increase in the government's…

Q: Which of the following economic policies is more Expansionary: An increase in both government…

A: Monetary policy alludes to the moves that governments make in the financial field. These by and…

Q: U.S. Congress Gives Final Approval to $787 Billion Stimulus Feb. 13 (Bloomberg)-The U.S. Congress…

A: The given value of MPC is 0.90. and; In first year, stimulate government spending is $185 billion.…

Q: If Congress wanted to help the economy out of a recession, they would be most likely to: check all…

A: Recession refers to a phase of the downturn in the economic cycle when there is a fall in the…

Q: There is $10 trillion in the loanable funds market.  $6 trillion in private borrowing and $4…

A: (Q) There is $10 trillion in the loanable funds market.  $6 trillion in private borrowing and $4…

Q: Suppose the following statistics characterize the financial health of the hypothetical economy…

A: Given details of 2017:- GDP is $ 200 billion. National Debt is $ 300 billion. Budget Deficit is $ 8…

Q: The difference between total federal debt issued and total federal debt "held by the public" is…

A: The Schedules of Federal Debt present the beginning balances, increases and decreases, and ending…

Q: Fiscal policy includes all of the following, except: O Borrowing Transfer payments (TP) wages…

A: Fiscal policy refers to the economic policy that is implemented by the government of a country to…

Q: Assume that the nominal interest rate is 11 percent, the inflation rate is 8 percent, and government…

A: Inflation is the rise in general price level of goods and services over period of time. fisher…

Q: (Federal Debt) What has happened to the federal debt since 2008 as measured relative to GDP?

A: The federal debt is the total amount of money that the federal government owes to its investors or…

Q: 10) Fiscal policy is defined as changes in federal ________ and ________ to achieve macroeconomic…

A: Demand is the total quantity of goods and services for which the consumers are willing to pay…

Q: The government budget deficit or surplus is the difference between what a government and what it in…

A: Government budget deficit occurs when spending made by government exceeds revenue earned by…