What is supply-side economics? Does it oppose the Classical, Keynesian, or Monetarist theory? How does supply-side economics affect fiscal policy?

Q: What is the difference between monetary policy and fiscal policy ? Explain

A: Monetary policy is regulated by the central bank of country,whereas fiscal policy is regulated by…

Q: What is the crowding out effect? Discuss the effectiveness of fiscal policy under the crowding out…

A: Answer: Step 1: The crowding-out effect refers to the decline in private investment due to fiscal…

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A: Resource mobilization is the process of receiving resources from the resource provider with use of…

Q: What is the index of leading economic indicators, and how does it relate to discretionary fiscal…

A: A business cycle represents the periodic movement of the aggregate output of an economy in the…

Q: What are the implications of the current fiscal stimulus and low interest on the future of our…

A: A stimulus package is defined as a coordinated measure by the government to lift the economy out of…

Q: What is the reason why fiscal policy should be in tune with monetary policy when the economy is in…

A: Fiscal policy can be defined as government policies and the spending pattern that the government…

Q: how discretionary fiscal policy fights recession and inflation

A: The fiscal policy of the government used as per the need of the government is discretionary fiscal…

Q: What are the major / high level differences between fiscal policy and monetary policy?

A: The fiscal or monetary policies are the tools of the economy to correct the distortions that takes…

Q: What is the reason why fiscal policy should be in tune with monetary policy when the economy is in…

A: Recession is a period of time in an economy when there is low or slow growth in economy wherein the…

Q: If stability of the economy is the primary objective of Fiscal Policy, then an Annually Balanced…

A: An annual balanced budget refers to when the spending of the government during a fiscal year equals…

Q: Explain what are the lags in macroeconomic policies. Do these lags have more effect on monetary…

A: Macroeconomic policies are used to stabilize the economy in different phases of the business cycle.…

Q: Economics When is the IS curve vertical? Show the impact of expansionary fiscal policy, expansionary…

A: The IS curve depicts interest rate and output levels that result in projected spending equaling…

Q: Does the effect of Monetary Policy can be seen much quicker than the effect of Fiscal Policy? Is…

A: The two most widely used instruments for influencing a country's economic activity are monetary…

Q: Fiscal policy can be classified into which two groups? A. Keynesian and classical B. discretionary &…

A: Fiscal policy refers to the government action to influence the market by making changes in taxation…

Q: DYNAMIC TAX SCORING—WHAT IS IT, AND WHO WANTS IT? Go to www.google.com and search for information on…

A: Dynamic scoring is an apparatus to give individuals from Congress the data they have to assess the…

Q: What is the importance of fiscal policy during times of economic recession?

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

Q: differences between Monetary and Fiscal Policy

A: Monetary Policy refers to the measures taken by the monetary authority to control the supply of…

Q: to 2002 c. 2002 to 2003

A: Contractionary fiscal policy is when the government either tends to raise taxes or cut spending.It…

Q: What are the two things Congress could manipulate to enact Discretionary Fiscal Policy?

A: Congress is the legislative branch of Federal Government.  Fiscal Policy refers to change in…

Q: Which of the following accurately compares discretionary fiscal policy and monetary policy? a) They…

A: The intersection of aggregate supply curve and the aggregate demand curve determines the…

Q: Why do critics charge that fiscal policy has a “big-government bias”?

A: Answer-Fiscal policy is the notion that government should actively stimulate the economy in bad…

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

A: Friedman's economic views evolved into monetarism, which challenged key aspects of Keynesian…

Q: If the government announces that it has increased the corporate tax rate from 25% to 35% and the…

A: Taxation is an instrument of the fiscal policy.

Q: How fiscal policy influences aggregate demand?

A: Aggregate demand refers to the overall demand for commodities and services in an economy during a…

Q: How will cuts in state budget spending affect federal expansionary policy?

A: Expansionary fiscal policy refers to an increase in the federal government purchases and or a…

Q: How is monetary policy linked with fiscal policy? Comment.

A:

Q: Explain the difference between fiscal policy and monetary policy. Explain also 2 advantages and 2…

A: Macroeconomics is a branch of economics which studies the economy as a whole while considering…

Q: What is the Laffer Curve, and how does it relate to supply-side economics? Why is determining the…

A: Economics include all the possible elements which an economy has in consideration to the discipline.…

Q: Which of the following Government agents are responsible for carrying out Fiscal Policy? Select an…

A: In Keynesian macroeconomics, aggregate demand plays a very important role. The change in aggregate…

Q: What is the crowding out effect? According to monetarists, what is the effectiveness of fiscal…

A: Crowding out: Expansionary fiscal policies such as increased spending by the government may cause…

Q: Which of the following economic schools of thought promote the use of fiscal policies to stimulate…

A: Classicals believed that no government intervention is necessary and market adjusts itself.…

Q: Fiscal policy can be classified into which two groups

A: Fiscal policy alludes to the public authority activity to impact the market by making changes in tax…

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: What are some of the problems or challenges of fiscal policy application?

A: When the government  uses spending and taxes policies to influence the economic conditions,…

Q: Determine whether the following represent an example of discretionary fiscal policy or an automatic…

A: Automatic stabilizers and discretionary fiscal policies play an important role in controlling the…

Q: What kind of fiscal policy will you use to fight against inflation. Explain it briefly.

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

Q: What should be done to combat inflation or an economy that is growing too quickly using fiscal…

A: Answer: When an economy is experiencing inflation or growing too quickly then the contractionary…

Q: What is the importance of fiscal policy during times of economic recession?

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

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

A: Fiscal policy refers to the process by which the government adjusts its revenue, expenditure, and…