a fiscal gap and a generational gap

All of the following, except one, would result from expansionary fiscal policy. Which is the exception? Multiple Choice O O O Increased price level. Increased GDP. Decreased budget deficit. Decreased unemployment. 4

3. What is fiscal equalization? Give an example

7. The national debt a. Is paid off each fiscal year when the debt is refinanced. b. Will never be paid off in any given year, but it will be entirely paid off when it is refinanced over a number of years. Will be paid off when the budget is finally balanced. Equals the dollar amount of outstanding U.S. Treasury bonds. c d

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Solve it correctly with explanation. Not copy paste

Suppose the government's present value of current and projected future outlays is 75 percent of GDP and its present value of current and projected future revenues is 50 percent of GDP. What gap does this describe, and what is the size of the gap?   This information describes the _______.     A. fiscal gap, which is 25 percent of GDP   B. generational gap, which is 25 percent of GDP   C. fiscal gap, which is 125 percent of GDP   D. fiscal gap, which is – 25 percent of GDP

A Moving to another question will save this response. Question 23 Fiscal policy can move us to equilibrium at Full Employment by O a. these are all possible fiscal policies to bring us to full employment. O b. bailing out troubled industries with special subsidies like the "paycheck protection" during the pandemic. O c. making changes in G, net government spending. O d. changing tax rates people have to pay. A Moving to another question will save this response. tab 1 Q ABA 2 W E R T

Always use economic terms, diagrams. "Counter-cyclical fiscal policy works.  If consumers and businesses lose confidence because of the changing world, the government can fix this economic problem - that is what the Biden $1.9 trillion stimulus was all about.  Sure, there might be some issues with the deficit, but given a recovery, the government can pay that deficit off. Also, since we are in a very inflationary period again we might expect counter-cyclical fiscal policy to resolve some of the debt issues."  Please explain this comment.  (Hint: don't forget to use an AS AD diagram and possibly a business cycle diagram).

Read the following premise carefully and answer the questions specifically and in detail. "In the face of unstable economic growth due to a recession or accelerated inflation, the potential problems of high public debt include increased income inequality, reduced economic incentives, and crowding out private investment."   A. Express in detail the effects of expansionary and contractionary fiscal policy on income and the price level. B. Using the premise presented as a basis, argue about the intervention of fiscal policy as an instrument to promote the growth, sustainability and economic stability of a country. (Gives an example in detail.)