Explain how the government can use fiscal policy for capital formation and Technological Improvement in the process of economic development|

Q: What is a  problem of a government running a large Debt (e.g., debt/GDP ratio of over 100%)?…

A: Government of different countries borrows money from the public, central bank and from foreign…

Q: Explain in detail fiscal policy, its function and its effects on short and long-term economic…

A: Fiscal Policy is defined as a policy implemented by the government by which the government of a…

Q: From the following data about a Government budget, find out (a) Revenue deficit, (b) Fiscal deficit,…

A: Formula used for the Calculations. Revenue deficit = Revenue Receipts - Revenue Expenditure. Fiscal…

Q: Indicators used to describe the fiscal situation for Saudi

A: As economies and societies developed, the study of economics got more complicated. Hence, as a…

Q: Explain and expand on How does fiscal discipline help businesses to grow in an economy?

A: Fiscal Discipline can be defined as a state when there is an ideal balance between the revenue and…

Q: current GDP

A: Ans is over 100%

Q: Refer to Illustration 19. Which of the tax systems represents the most progressive system? a. T1 b.…

A: A progressive tax is a tax system that implies when the income of a person increases, the tax rate…

Q: What are implications for a government running deficits?How could that be effectively addressed?What…

A: The economies around the world tend to focus on enhancing their economic growth in a way that  it…

Q: Diffrentiate between primary deficit and revenue deficit

A: While talking about the deficits of the goverment we come across the concepts of primary deficit and…

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: Illustrate the concept of Ricardian equivalence using the demand and supply of financial capital…

A: Ricardian equivalence: The theory says that the consumption of an individual or family’s rate of…

Q: The use of government spending and taxation to affect aggregate demand are examples of fiscal…

A: Aggregate demand is the measure of total goods demanded and services too in any particular economy.…

Q: ree budgetary solutions you

A: ​A budget deficit occurs when spending tends to exceed level of income.

Q: Under which of the following conditions does a country's run a budget deficit in a particular year?…

A: There is single largest source of income  for the Government which is from Tax Direct and indirect…

Q: The functions Public finance plays an important role in the economy of a country. Differentiate its…

A: DISCLAIMER “Since you have asked multiple question, we will solve the first question for you as per…

Q: Countries with high levels of debt-to-GDP ratios are poor countries and that countries with low…

A: A country with a high debt-to-GDP ratio shows the GDP of the nation is insufficient to pay back…

Q: c) All governments have the purposes of establishing laws, providing order and security, protecting…

A: As different products are manufactured, cost is initiated and process of business follow ups.…

Q: Explain fully the meaning of fiscal autonomy and how local government units raise revenues to…

A: The term fiscal autonomy refers to the freedom to collect revenue, apply local taxes, take financial…

Q: 1. Discuss the achievements and deficiencies of the policies followed during the Nehruvian era.

A: Achievements of policies during the Nehruvian era are the following: Five-year plan Focus on small…

Q: How does anemic economic growth contributes to national debt?

A: Anemic Economic growth: An anemic Economic growth can be defined as the one where the growth of the…

Q: What is Ricardian Equivalence?

A: please find below the answer.

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: How does the two-good, two-country version of the Ricardian model differ from the two- country,…

A: The Ricardian model of international trade tries to elucidate the inequality in comparative…

Q: Taxation; an essential fiscal policy tool for moblizing resources for socio-economic development…

A: The above mention passage, it is talking about taxation and fiscal policy regarding taxation and…

Q: what do you mean by financial inclusion, market-friendly environment, and fiscal incentive system in…

A: The Philippine economy is in excellent shape. It is ranked 37th in the world in terms of GDP. After…

Q: Explore the consequences for a hypothetical developing economy, if the the rate of borrowing to fund…

A: Budget proposals or economic shortages can be sustained by creating more currency, which is why the…

Q: Explain how the government can use fiscal policy for capital formation and Technological Improvement…

A: The fiscal policy is used by the government in order to influence the economic activity and…

Q: What is the role of fiscal policy in developed countries? Give example

A: It is common knowledge that fiscal systems have a significant role in the effect of any economy.…

Q: If fiscal budgets don’t need to balance, what should we be trying to balance in an economy? Explain…

A: Since you have asked multiple questions we will answer the first three questions for you. Fiscal…

Q: As many of you are aware, due to measures to combat Covid, many governments incurred steep deficits…

A: Introduction   Government are always increase tax rates to reduce the budget deficit. The tax amount…

Q: What would happen to the budget deficit if the: a) GDP growth rate jumped from 1 percent to 3…

A: A budget deficit occurs when the actual expenses of the government exceed its total revenue.

Q: Explain how the government can use fiscal policy for capital formation and Technological Improvement…

A: Economic development: - Economic development is the process of improving the social and economical…

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: State and explain 4 limits to fiscal policy in a developing country economy

A: The fiscal policy is the way by which a government adjusts its spending levels and tax rates to…

Q: Answer the question completely: 1. How can fiscal policy promote economic growth and development?

A: Economic growth, outlined as a rise in people's real financial gain, indicates that the quantitative…

Q: Examine

A: For a fictitious developing economy, there might be a number of effects from a budget deficit that…

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: taxation is an essential fiscal policy tool for mobilizing resources for socio-economic development…

A: One of the most important fiscal tools available that are available with a government is taxation.…

Q: argues on the intervention of fiscal policy as an instrument to promote growth, sustainability and…

A: Fiscal policy refers to policy of government concerning the expenditure and taxes. Government uses…

Q: What would  happen if expansionary fiscal policy was implemented in are cession but, due to lag,did…

A: Macroeconomics analyzes the economy as a whole. It studies the aggregate economic concepts such as…