Which of the following is NOT a tool of fiscal policy. O taxes government spending Interest rates none of the above

Q: Economist Arthur Laffer famously pointed out that, in some cases, income tax revenue can actually go…

A: Arthur Laffer is the economist who explain the relationship between tax rates and the revenue…

Q: following is not regarded as part of fiscal policy Select one: a. Increased taxation b. Decreased…

A: Fiscal policy is a policy through which a government, in turn, adjusts its rates of taxation and…

Q: This means that source of revenue should be sufficient to address the demand of public expenditures.…

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

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: Economist Arthur lagger famously pointed out that, in some cases, income tax revenue can actually go…

A: The tax is the unilateral payment made by the people towards the government for various purposes…

Q: Describe the difficulties that can arise in implementing fiscal policy.??

A: Fiscal policy is known to be the policy in which the government uses three instruments which include…

Q: TRUE/FALSE Spending by local governments to stimulate or slow down their local economies is an…

A: The Fiscal Policy (FP) is a tool of government to adjust the economy. The Monetary Policy is a tool…

Q: What are the short-run and long-run implications when it comes to government spending changes versus…

A: Government Spending is defined as the money that is spent by the government or the public sector of…

Q: Discuss the government’s use of discretionary fiscal policy in controlling economic fluctuations.

A: Fiscal policy refers to the government policy of expenditure and taxes. The changes in the tax and…

Q: When the federal government uses taxation and spending actions to stimulate the economy it is…

A: It is the policy of the government regarding public revenue and public expenditure. Through the…

Q: As we emerge from the pandemic, your friends are concerned with the rising prices they're…

A: Introduction  Fiscal policy has known as budgetary instrument of government policy. It influences…

Q: policy?

A: Resource allocation is the process of managing and assigning of assets in a manner which supports…

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

A: The two kinds of macroeconomic policies adopted to tackle the demand or supply shocks faced by an…

Q: Describe the shortcomings of Fiscal Policy. Be as thorough as possible.

A: Fiscal policy is the one where government changes its spending and tax policies in order to achieve…

Q: As government keep raising tax rate (t) on buyers, government will continually collect higher tax…

A: The government influences the amount of discretionary income available to households by raising or…

Q: If Tax revenue is greater than government spending, which of the following must be true? Select ALL…

A: The difference between the government spending and tax revenue is referred as budget.

Q: Over the past century, has the government’s tax revenuegrown more or less slowly than the rest of…

A: Meaning of TAX: A tax is charged by the government compulsorily on an individual or legal entity.…

Q: Propose the Fiscal Policy needed to fix this economy.

A: A) Cost push inflation (Graph Type) In graph we can there is an increment in the price level because…

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

A: The aggregate demand refers to the total amount of all the goods, and services which are demanded in…

Q: Which of the following scenarios represent expansionary fiscal policies from both a supply…

A: Economic growth is an increase in the production of goods and services in an economy. Increases in…

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

A: Milton Friedman was an American economist and statistician who believed strongly in free market…

Q: The government decides to fill gaps in Medicare by making it available to more people. This is…

A: In this case, we have to show the types of fiscal policy. Because fiscal policy contraction and…

Q: An example of a expansionary fiscal policy is ___? need only one example fast

A: Accordingly the expansionary fiscal policy is merely known as a decrease in the tax revenue and the…

Q: Which of the following sources of revenue is used to fund government spending? A) corporate…

A: Government expenditure is the amount of money allocated by the public sector for the acquisition of…

Q: Explain the instuments of Fiscal policy.

A: Monetary and fiscal policy are the 2 most important type of policies in the economy. Monetary policy…

Q: In choosing what type of tax to use, what factors does government take into consideration?

A: In choosing the type of tax to use, the Government should consider all the 4 options:

Q: Fiscal Policy

A: Introduction of Fiscal policy:-It is a policy via which a government makes adjustments in its tax…

Q: According to the pie chart, which of the following provides the most revenue for the federal…

A: As per the pie chart above, the federal tax revenue is $3.18 trillion and is collected/earned…

Q: Why is it important for a government to stimulate itseconomy through an active fiscal policy?

A: A fiscal policy is the policy which a government uses to influence the output and the employment of…

Q: Complete the following sentence. As it relates to fiscal policy, a budget deficit exists when:Choose…

A: Fiscal policy measures the effectiveness of government budgets in an economy. This includes…

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 happens to the tax revenue when the tax on a good increase gradually? (a) Will rise (b) Will…

A: ‘Deadweight Loss(DWL)’ can be defined as a cost that is created to society due to any kind of market…

Q: Discuss whether supply-side policies have been successful in improving the performance of an economy…

A: Supply- side policy:- These policies are attempts of government in order to enhance the productivity…

Q: Which of the following is an example of active fiscal policy? a.Government expenditures rise during…

A: Fiscal policy refers to deviations in government spending and taxes, which are proposed to achieve…

Q: Income Tax rates will be changed to the following Marginal Tax Rates given by: T(I) = 40*I2/ I2+1000…

A: Marginal tax rate refers to the tax rate that imposed on the last dollar of income.

Q: Government policy concerning its spending and taxation is called Multiple Choice the quantity theory…

A: There are two types of policies, fiscal policy and monetary policy.

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: Which of the following BEST shows fiscal policy? A The Federal Reserve buys bonds. The United States…

A: Here federal reserve open market buy operations, printing more money or increasing supply of money…

Q: Fiscal policCy is purposet movements in designed to direct an economy.

A: Fiscal policy is a policy that the government uses to influence the economy. It aims at certain…

Q: Solve the attachment

A: American Recovery and Reinvestment Act (ARRA),2009 The American Recovery and Reinvestment Act…

Q: Which of the following is not a means of financing government spending? Government subsidies…

A: The government mainly finance its spending on the economy with the help of tax revenues it earns.…

Q: which of the following individuals would most likely favor an increase in government spending, as…

A: a and d would be opposed to tax cut.

Fiscal Policy and Money Market

Fiscal policy is one of the important tools that is used by the government to control inflation or aggregate demand in the economy. Under this policy, there are two rules which are used by the government, one is the expenditure of the government and the other is the taxation or income of the government which it collects from the public.