- The government budget has`a revenue gets financed by: (A) Borrowing (B) Disinvestment (C) Tax revenue (D) Indirect taxes avegbu (a) A and D (b) C and D (c) A and B (d) C and D

Q: 2. Consider the following information about an economy: Private consumption Government saving Taxes…

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Q: taxes and government spending of $40 will: A) increase GDP by $80 B) decrease GDP by $40 C) decrease…

A: The balanced-budget multiplier is equivalent to 1 in this situation . When the government rises…

Q: 5. Refer to the table. The changes in the budget conditions between 1998 1999 best reflect: * Actual…

A: Fiscal policy refers to the policy of tax and expenditure of government. Expansionary fiscal policy…

Q: nows the data for a hypothetical economy in a specific yea Billions of Dollars gory on expenditures…

A: GDP refers to ‘Gross Domestic Product’. It is a ‘monetary measure’ of the ‘market value’ of all…

Q: 11. Taxes are reduced by $50 billion and income increases by $1,000 billion. The value of the tax…

A: Taxes Change (Reduction)=-$50 billion Income Change(Increase)=$1000 billion Tax multiplier shows the…

Q: 3. The balanced budget multiplier For both political and macroeconomic reasons, governments are…

A: Given; Income equation:-                            Y=11-c1c0+I+G-c1T a) When G increases by one…

Q: 6. Which of the following is not a fiscal instrument: * O Budget O Public expenditure О Тахation All…

A: Answer: 6) Option (d) is correct All are fascal instruments

Q: increased by $5 billion, $6 billion in bondS were sold to the public, an unused military base was…

A: We know that                           Budget Surplus = Total Expenditure < Total Receipts…

Q: 5. Calculate fiscal deficit: (in crore) A 9,000 S.No. Items (1) Borrowings (i) Interest v

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Q: In a government budget the total expenditure is $64,000 billion and a total receipt excluding the…

A:

Q: What are the major functions of a government budget? Discuss “revenue” and  “development” budgets…

A: A government budget is a statement of its planned expenditures and revenue receipts for a given time…

Q: Which reveun contributes the most to the national budget

A: A tax is described as one that the government imposes on citizens who participate in the economy in…

Q: In an economy, the Fiscal deficit is $21,000 and the total receipts excluding Borrowings is $8000…

A: The information being given is:- Fiscal deficit = $21,000 Total receipts excluding borrowings =…

Q: 7 - In a circular-flow diagram, funds that flow between households and the government are, 62 a)…

A: Circular flow diagram: It is a graphical representation of the flow of goods and services and money…

Q: 4. What is a government budget deficit? How does it affect interest rate, investment, and economic…

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

Q: Q.10. Calculate Primary deficit Items (7 in crore) (i) Fiscaldeficit 9000 (ii) Interest payments by…

A: # primary deficit is defined as the difference between fiscal deficit and interest payments of the…

Q: The value of fiscal deficit of the government is given to be as $600 million.  Also the interest…

A: If we are given the value of Fiscal deficit and interest payments then we can easily calculate the…

Q: 4 The discovery of oil and its subsequent production in Ghana in December 2010 gave citizens hope…

A: A fiscal regime is a set of instruments or tools such as taxes, royalties, and dividends  that…

Q: a) consumption and current saving. (b) Determine aggregate private saving, aggregate consumption in…

A: A) Each consumer’s current consumption and current saving. There are two sorts of individuals,…

Q: 5. Public debt is the borrowing taken by when government revenue is less than spending. a. the…

A: public debt is the amount of borrowing that is made to fill up the gap between revenues and…

Q: 14. A government increase government spending in an economic recession. Fiscal policy in that case…

A: An economic recession is a situation in which the GDP of the economy is at a very low level. The…

Q: (Net Public Debt) What’s the level of net public debt (for federal, state, and local governments)…

A: Net public debt is defined as the total or net accumulation of the annual budget deficit.

Q: what will be the budget expenditure if the revenue expenditure are 620 and the capital expenditure…

A: Initially in the given question, Revenue expenditure are as = 620 Capital expenditure stated as =…

Q: 7. A government is utilizing fiscal policy by increasing government spending by 2 billion. If this…

A: Given information: The government spending is increasing by 2 billion => Change in government…

Q: Give two examples of a pair of perfectly multicollinear regressors. explains

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Q: Problem set : National Income Determination a. Given: C- 800 + 8 (1-1) Y 1- 250 G- 1200 TR - 200 NX…

A:

Q: A serious problem with fiscal policy is that a. All countries borrow heavily from foreigners, which…

A: Fiscal policy is the action of the ruling party or government of a nation to influence the economic…

Q: A reduction in current taxes must result in which of the following?       lower future taxes…

A: Tax cuts may slow long-run economic process by increasing budget deficits. When the economy is…

Q: 1. How does the government spend? 2. How does the government tax? 3. What are budg t deficits?

A: Government basically refers to a structure that governs a group of people, and it generally consists…

Q: Find the value of Fiscal deficit if total expenditure is $2300, revenue receipts is $1500 and…

A: The information being given is:- Total expenditure = $2300 Revenue receipts = $1500 Disinvestment…

Q: Calculate Fiscal deficit if:- Total expenditure = $330 million Revenue receipts = $110 million…

A: Answer-

Q: What is Fiscal Policy? Discuss types of Fiscal policies?

A: (Q) What is Fiscal Policy? Discuss types of Fiscal policies?

Q: 1. Why is a $100 billion increase in government spending on goods and services more expansionary…

A: In an economy, a 1% change in government spending will have different impact on the real GDP as…

Q: Jse the following information to answer the next 5 questions. Year 2008 2018 Nominal Debt 150 500…

A: Below is the given information: Interest rate on the debt = 5% The debt of 2018 = 500

Q: Calculate the value of total expenditure if budgetary deficit is $20,000 million and the total…

A: The government fiscal policy refers to the government taxation and expenditure policies. The fiscal…

Q: Table 24.8 All Figures in Billions of Dollars Comsumption Spending Income) Net Taxes (C=100 + 0.9Yd)…

A:

Q: c. Congress repeals an investment tax credit and uses the revenue to reduce other taxes. 10 S 7 6 4…

A: Investment tax credit: It refers to the federal tax incentive that is used for the business…

Q: CIENCES QUESTION 1 Study the bar chart regarding the National Budget's tax revenue and answer the…

A: Government revenue is one of the most important part of government budget. It refers to the revenue…

Q: Calculate Fiscal deficit if:- Total expenditure = $330 million Revenue receipts = $110 million…

A: The data presented In the question above is:- Total expenditure = $330 million   Revenue receipts =…

Q: Why is it important to budget? (Note: You may discuss it in personal level to government level)

A: Budget refers to the estimation of income/revenues and expenses by an individual or government for a…

Q: x

A: The national product and national income tends to accounts of a country in order describe either the…

Q: Topic: Fiscal Policy 1. A government collects $0.35 on every new dollar of income. Of the remaining…

A: The marginal propensity to save shows the percentage of new income saved. The marginal propensity to…

Q: 15. If government spending increases by 1 billion euro, and mpc=0.4, how much should tax change to…

A: In an economy, when government makes changes in its expenditure or spending, it will have a…

Q: Discuss the important features of the public budget and the relationshipbetween revenues and…

A: Public budget: It is a monetary arrangement that assesses the consumptions and incomes of a state…

Q: Taxes are reduced by $50 billion and income increases by $1,000 billion. The value of the tax…

A: Given information:- Reduction in tax = $50 billion Income increase = $1,000 billion   Calculation…

Q: ) The value of government spending in billions of dollars is A) 200. B) 600. C) 800. D) 1,000

A: Government spending includes all the purchase of goods and services by federal, state and local.