When the government deliberately alters its level of spending and/or taxes in order to achieve specific national economic goals, it is exercising

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

A: We are authorized to answer one question at a time since you have not mentioned which question you…

Q: A governor presents an exparsionary fiscal plan to stimulate production throughcut the state. Which…

A: The best expansionary fiscal plan to stimulate the production in the state is to reduce the tax rate…

Q: From the following data about a government budget, find a) Revenue Deficit, b) Fiscal Deficit and(c)…

A: Revenue Deficit refers that that the government have less revenue for the investment in the economy…

Q: Fiscal policy is spending and taxation of the executive branch of the federal government; in…

A: Fiscal policy is the use of taxation and spending to influence the economy. It determines how much…

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

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

Q: Explain the role of the Presidency and the Congress in the budget proces

A: A budget process refers to the mechanism by which a budget is generated and approved by government.

Q: The following transactions took place in Ecoland in 2019: Trillions of 2015 dollars Government…

A: As per the policy , I can solve the first three subparts for you. Part a) GDP in 2015 = C + I + G +…

Q: What is the importance of studying the national budget and how it will affect our economy?

A: national budget is important because of following reasons :- 1. Hepls in allocation and distribution…

Q: a) How can the government use fiscal policy during a downturn to stimulate the economy?

A: Fiscal policy is the use of government tax collection and expenditure to impact the economy of a…

Q: Comment on either (a) the type of fiscal policy or monetary policy that is currently being…

A: Answer(a) The current fiscal and monetary policy can be in such a way that various considerations…

Q: DEFINE FISCAL POLICY. WOULD THE INCREASE OF $100 IN GOVERNMENT SPENDING HAVE THE SAME EFFECT ON GDP…

A: Fiscal policy is known as stabilizing policy in which government changes government spending or…

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: Who is in charge of the fiscal policy?

A: The fiscal policy is the policy of the policy of the government in the economy to control the…

Q: What are monetary, fiscal and growth and supply side policies. How can a government utilize fiscal…

A: The AD-AS model is the main crux when the government would decide on the quantity of the real GDP.…

Q: Suppose the economy has unemployment level close to 15%. A proper fiscal policy might be which of…

A: Unemployment occurs when people who are able, willing and looking for jobs are unable to find jobs.…

Q: Which of the following is carried out in a contractionary fiscal policy? a. Higher taxes and lower…

A: Fiscal policy is initiated by the government of the country.

Q: What are the effects of the business cycle on the government's budget? automatically tax revenues…

A: The government spending plan, also known as the national budget, is a file that lists the various…

Q: What does an increase in the income tax rate​ illustrate? An increase in the income tax rate is an…

A: What does an increase in the income tax rate​ illustrate? In general, [income] tax rate increases…

Q: Discuss the two (2) main tools that a government can use to implement fiscal policy.

A: The term 'fiscal' relates to the government's budget and signifies 'budget.' Fiscal policy is the…

Q: iscuss the federal budget of the U.S government. should it always be balanced?

A: "Since you have asked multiple questions, we will answer only first question for you. If you have…

Q: Choose the two methods with which the government can balance the federal budget. These two methods…

A: Budget refers to a legal document which is created either by the government or some other political…

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: In 10+ sentences, explain how we can eliminate the national debt using fiscal policy. Explain how we…

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

Q: Calculate Ecoland’s real GDP in 2018, i.e., GDP measured in 2014 $. (b)   How much do households…

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

Q: The federal government's use of taxation and spending policies to stabilize the economy is APhysical…

A: The charge which is being levied being imposed upon a legal entity or individual for funding…

Q: A government starts with no debt and then borrows $10 billion per year for four years.How much are…

A: The deficit is the amount by which a budget's expenses exceed its profits. The amount of money in…

Q: A: What are the three fiscal policy tools?     B: How would change each tool if your goal was to…

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

Q: Suppose the economy has unemployment level close to 15%. A proper fiscal policy might be which of…

A: Fiscal Policy involves use of government spending and taxation in order to influence the economy.…

Q: Which is a good fiscal policy when inflation is very low and unemployment is very high? Decrease the…

A: Fiscal policy is a policy used by the government to stabilize the economy. Inflation refers to the…

Q: What are problems that governments may encounter in enacting and applying fiscal policy? Explain the…

A: Fiscal policy is tools available to government to counter the economic imbalances, using an…

Q: What are the types of fiscal policy and when or in what economic situation it is applicable?

A: Fiscal policy: It refers to the arrangement depending on the hypotheses of British financial analyst…

Q: Explain the elements or test of fiscal policy that play a critical role in economic development.…

A: Fiscal policy is that the government rejects their spending and controls taxes and influences the…

Q: Compare two fiscal policies: a tax cut on income or an increase in government spending on roads and…

A: FP is a tool of government to stimulate the economy. It includes government expenditure and taxes,…

Q: Which one of the following statements regarding fiscal policy and the budget is (2) correct?(a) When…

A: Fiscal policy delineates the efforts planned  by the government with a view to stabilize the prices…

Q: If the total budget expenditure is 6321 billion And the total budget receipts are 2891 billion…

A: