Why is macroeconomics important? a. it helps in determining appropriate fiscal and monetary policies b. it gives a picture of the economic problems of the country c. All of these options are correct d. it provides answer to address national economic problem

Q: What is the best combination of fiscal policies and monetary policies for a country like Japan whose…

A: When the price levels in an economy remains high over a period of time it is considered as…

Q: Every policy must have two parts. Explain these two parts with examples of each.

A: The two parts of the policy include monetary policy initiated by the government and fiscal policy…

Q: The $2.2T Coronavirus Aid, Relief and Economic Security (CARES) Act & the $1.9T American Rescue Plan…

A: Expansionary fiscal policy refers to when the government uses budgetary measures to boost spending…

Q: How can one apply monetary policy and fiscal policy to the business cycle, budget surpluses, and…

A: Monetary policy: Monetary policy are the policy measures that are being taken by the central bank of…

Q: Based on your understanding of government economic policy, which of the monetary or fiscal policy…

A: Fiscal policy refers to the government policy that stabilizes th economy through bring changes in…

Q: ill in the blanks The tools that the government uses to influence the economy are  (blank) and…

A: In an economy, there are generally two policymakers: 1-Government  2-Central Bank Each of them has…

Q: Assume the Philippines government adopted fiscal policy measures to reduce the severety of typhoon…

A: Typhoon Haiyan, also known as Super Typhoon Yolanda in the Philippines, was one of the most intense…

Q: In a closed economy model without government spending, aggregate demand is the sum of... a. Savings…

A: Aggregate Demand is the total value of goods and services in a given period of time and at given…

Q: What would be the impact of changing the determinant variables given in the first column (below) on…

A: When the government prepares for the elections, the main objective of the government will be to…

Q: Think about an anticipated fiscal policy that could help to fight unemployment without creating…

A: The lucas model…

Q: Describe a situation in an economy that John Maynard Keynes would believe needs government support.…

A: John Maynard Keynes was the well-known economists whose theories and models are still studied and…

Q: )Which of the following are many managers concerned about as a result of increased government…

A: When the authorities tend to play an important role through providing more facilities is known as an…

Q: Which argument most clearly supports the authors' claims in Source C? A "While the military is…

A: The given source provides information about the spending on the US military. In general, the US pays…

Q: monetary and fiscal policy before pandemic and policy after

A: Before pandemic in Asian countries In the whole world recession type situation was going on before…

Q: During the past five decades, there has been a shift in the composition of the federal budget toward…

A: The government budget represents the spending plans of the government of an economy for a given…

Q: Uganda has an unstable macroeconomic situation and the government has decided to increase its…

A: Hi! thanks for the question but as per the guidelines, we can answer up to three sub-parts at one…

Q: Government is considering a policy change to stimulate the economy by encouraging private…

A: Government is considering a policy change to stimulate the economy by encouraging private…

Q: A key insight in modern macroeconomics is to understand that: a. all the above are correct b.…

A: Macroeconomics considered as a part of financial matters that reviews the economy in general.…

Q: ich of the following statements are FALSE? (a) When the government prints money to buy…

A: Government spending is effective during the recessionary pressures. The recessionary pressures lead…

Q: If inflation becomes too high, the government can use fiscal policy to slow the economy down some…

A: An expansionary fiscal policy aims to increase the Aggregate demand by decreasing taxes and…

Q: When the government deliberately alters its level of spending and/or taxes in order to achieve…

A: ‘Fiscal policy’ refers to the use of ‘government revenue collection’ & expenditure to influence…

Q: What is the best combination of fiscal policies and monetary policies for a country like Japan whose…

A: The aggregate demand (AD) and aggregate supply (AS) model explains the marker equilibrium where the…

Q: Suppose that Antonio, an economist from a business school in Georgia, and Caroline, an economist…

A: The disagreement between these economists is most likely due to Difference of opinion.

Q: A change in demographic pattern of many Asia economies (with the falling birth rate with a rise in…

A: Answer - "Thank you for submitting the questions. But, we are authorized to solve one question at a…

Q: Through utilizing fiscal policy, i.e. varying and/or governments achieve goals for output and…

A: The measure that depicts an increase in the production of services and goods during a given time…

Q: What is an inappropriate use of monetary and fiscal policy?

A: When it comes to influencing macroeconomic outcomes, governments have traditionally used one of two…

Q: compare monetary and fiscal policy in classical and keynesian model. Be precise

A: Fiscal policy affects aggregate demand through changes in government spending and tax assessment.…

Q: When one focuses on aggregate demand and aggregate supply in macroeconomics, the main focus is…

A: The entire supply and total demand in an economy at a certain point in time and at a specific price…

Q: Hi there . can you please assist on the following question below  Describe each of the following…

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

Q: Explain in detail fiscal and monetary policy

A: Fiscal policy is a policy used by the government to influence the nation's growth by adjusting the…

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: Should Monetary and Fiscal Policymakers Try to Stabilize the Economy? Explain.

A: Yes, facing booms and depression is something wrong for any economy and stability is necessary which…

Q: The Focus box “Can a Budget Deficit Reduction Lead to an Output Expansion? Ireland in the 1980s”…

A: Ireland had a large budget deficit in 1981 and 1982.It means expenditure of ireland was more than…

Q: When is it appropriate to use monetary and fiscal policy to stimulate or stabilize the economy?…

A: The government can stabilize the economy with the help of Monetary and Fiscal Policy.Fiscal Policy:…

Q: When the exports are less than imports, then there will be ___________. a. Budget surplus b.…

A: Exports represent goods and services produced in one country, sold or provided to residents in a…

Q: Draw the aggregate demand model for India’s economy (open economy) with the impacts of government…

A: We have to draw the aggregate demand model for India's economy with the impacts of government…

Q: The government reduces the tax burden (or tax rate), how the real GDP change a. if it is a closed…

A: GDP stands for gross domestic product and tells about the nations total income and the total…

Q: Question 5 What is meant by "a tariff on imports?" Summarize the domestic effect of a tariff on the…

A: As per company policy we are supposed to answer only one question per session, will only be able to…

Q: Question 1 Classify the following as microeconomics or macroeconomics and provide a justification…

A: a) Parliament debating over the decision to implement VAT so as to cut the deficit of the government…

Q: Member of Parliament, Mr. Parks, is alarmed at the state of the economy. Unemployment is excessively…

A: Answer: Fiscal policy: fiscal policy is the policy of the government to change government…

Q: What are the central problems of an economy

A: Human wants are unlimited whereas the resources that are required to satisfy the human wants are…

Q: If you were given the chance to make your own 2021 National Budget Plan, which of the executive…

A: Answer-1:- School of Social Work is functioning efficiently and have fully filled courses in…

Q: Hi! Can you help me understand why monetary and fiscal policies are important? macroeconomic tools…

A: 1. Why monetary and fiscal policies are important? 2. Macroeconomic tools used to stimulate…

Q: onary Fiscal Policies while others are in favor of Expansionary Monetary Policies. Prepare a…

A: Monetary policy involves changing of the interest rate and influencing the supply of money.Fiscal…

Q: Match each statement with the School of Thought that best fits. The focus of macroeconomic policy […

A: 1) Increase in incentives for households and businesses to work, save and invest falls under the…