Macroeconomics (Book Only)
Macroeconomics (Book Only)
12th Edition
ISBN: 9781285738314
Author: Roger A. Arnold
Publisher: Cengage Learning
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Chapter 19.10, Problem 3ST
To determine

Acceptability of the statement.

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Which of the following is NOT a category of fiscal policy? Government policies regarding the purchase of goods and services Government policies regarding taxation Government policies regarding transfer payments and welfare benefits Government policies regarding money supply in the economy
Describe some fiscal policies that governments are presently using to counter the impact of coronavirus on an economy. Discuss if these policies are more, or less likely, to deliver long-term social equity. Could these policies be used to create more social security/welfare; discuss and compare any negative consequences that these policies could have on an economy and critique the various ways the government could minimise or remove such negative consequences?
In two sentences, describe how the Democratic and Republic Parties differ on the role of fiscal policy.
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