A decrease in government spending would be  (blank) and would  (blank) the budget deficit.

Q: What are the president's budget request responsibilities?

A: President's budget request: The budget process in the U.S begins when the President submits a budget…

Q: Describe three ways in which government spending can be financed

A: Government spending on goods and services is one of the major components of aggregate demand.…

Q: What would be the Primary deficit if fiscal deficit is 77 and Interest payment is 66?

A: Interest payments are the expense of acquiring cash. The borrower makes these payments as well as…

Q: Calculate the primary deficit given that the Fiscal deficit is  $1500 million and the interest…

A: # Primary deficit is given to be as the difference between the fiscal deficit and the interest…

Q: Explain the concept of Fiscal Policy

A: Definition of Fiscal Policy: Fiscal policy is a policy of government to control the economy through…

Q: How can a country reduce its public debt? A) Increasing government spending B) Reducing budget…

A: The total amount of money a government owes both its citizens and outside creditors is referred to…

Q: What is likely to be the immediate effect on a country's national debt if the government decides to…

A: The issue includes understanding the effect of an expansion in government spending, without an…

Q: Why is crowding out an important issue in the debate over the use of fiscal policy?

A: Crowding out effect is an economic situation where interest rates are increased. This ends up  in…

Q: If government increases spending and wants to maintain a balanced budget, it should

A: The answer is as follows:-

Q: Government expenditures and the assessment of taxes is an issue that goes back to the origins of the…

A: Legislators and politicians choose to spend money for a variety of reasons. These can include…

Q: Contrast government debt with budget deficit or surplus

A: Budget deficit is the government expenditure dominating the government revenue in budget for a given…

Q: If the government runs a budget deficit, it means that there is an excess of government spending…

A: The government is a sector of the economy. It works for the welfare of the people.  It collects…

Q: Report the outlays for the bottom line of the current (last) budget approved by Congress (surplus or…

A: Introduction: A budget, as opposed to an account that records financial transactions, is a…

Q: When the economy is in recession, government revenue falls due to a falling tax base. Therefore the…

A: Fiscal policy is the adjustment of spending and taxes by the government with a purpose to maintain…

Q: Find the primary deficit when the fiscal deficit is $2100 and the interest on payment are $1500

A: Generally in the given question, Fiscal deficit is given as = $2100 The interest on payment stated…

Q: What would be the primary deficit if the fiscal deficit is $700 and Interest payment is $300 ?

A: A fiscal deficit is a setback in an administration's pay contrasted and its spending. An…

Q: Find the primary deficit in a government budget if the fiscal deficit is $9200 and the interest…

A:

Q: Explain the effectiveness of the fiscal policy in economics.

A: The fiscal policy is the means by which the public power changes its spending and pay to influence…

Q: Why do you think that expansionary fiscal policy can fail during a recession?

A: Recession is a situation in the economy, when there is general decline in the economic activity. For…

Q: If the budgetary deficit is 20 billion and borrowing and other liabilities are 30 billion find the…

A:

Q: Explain what crowding out is and why it reduces the impact of fiscal stimulus.

A: The government adopts fiscal policy to regulate the economy. In this, the government increases its…

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: In a government budget, primary deficit is $20000 million and interest payments is $16000 million…

A: The information given to us is as follows:- Primary deficit of the government = $20,000 million…

Q: Distinguish between deficit and debt.

A: Deficit refers to the outflow of money that is greater than the inflow of money. For example, a…

Q: Assume today is October 20, 2021. In which quarter of fiscal year 2022 is the federal budget?

A: The federal budget is the government's estimate of revenue and spending for each fiscal year. The…

Q: If the total receipts are $1200 billion and total expenditure is $1500 billion then how much will be…

A:

Q: Q- Calculate the budgetary deficit when total expenditure is 200000 and total receipts are 88000

A: # Budgetary deficit is referred to be as the difference between total expenditure and total receipts…

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: How fiscal policy works, and its benefits.

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

Q: What is a budget deficit? How does a government respond to a budget deficit?

A: A government budget is an annual financial statement prepared by the governments that outlines the…

Q: in a government budget the primary deficit is $10,000 million and the interest payments is dollar…

A: In an economy, government make expenditure for different purposes that may lwad to arise primary and…

Q: What must be true about the level of government expenditures and tax revenues for the federal…

A: Government expenditure is the amount spent by the government in order to provide goods and services…

Q: What are the positive and negative impacts of fiscal policy on businesses within an economy?

A: Fiscal policy refers to the policies of expenditures and taxes of the government of a country. It…

Q: If Bruce pays $2000 in tuition fees to the college, what does his opportunity cost?     $2000…

A: Opportunity cost is the value of something that must forgo to acquire something else. Thus, the…

Q: Our federal government establishes a budget that determines what programs and services can be…

A: Answer- Need to find- Our federal government establishes a budget that determines what programs and…

Q: The U.S. government's debt is currently about $20 trillion, which is 105% of GDP. How much debt is…

A: US government debt = $20 trillion And it's currently 105% of the GDP level

Q: Find the budgetary deficit if the total budget expenditure are $140 and the total budget receipts…

A: In the question, Total budget expenditure are = $140 Total budget receipts are = $10 Budgetary…

Q: List what specific, deliberate actions the federal government could take to enact expansionary…

A: Expansionary fiscal policy is aimed at increasing aggregate demand when the economy is in a…

Q: A government shows a primary deficit of $1122 and the expenditure on interest payment is $432 what…

A: