In an attempt to promote renewable energy, the government provides an annual rebate to those who install solar panels on their roofs. What type of economic policy would this represent? a) Fiscal policy b) Monetary policy c) Both fiscal policy and monetary policy d) Neither fiscal nor monetary policy

Q: Fiscal policy is usually used during recessions because it is takes less time to implement than…

A: Recession:  The term recession refers to the period in which economic activities slow down and…

Q: Indicate whether the following policy statement is Fiscal or Monetary or Neither Increase income…

A: Fiscal policy is the use of government spending and taxation to influence the economy. Governments…

Q: What is the difference between monetary policy and fiscal policy ? Explain

A: Monetary policy is regulated by the central bank of country,whereas fiscal policy is regulated by…

Q: One of the three main tools of the Federal Reserve is fiscal policy.  True  False

A: Central Bank: The central bank is the apex bank of the country that supplies the money or maintains…

Q: As a result of an economic policy change, interest rates and consumption rise but investment falls.…

A: Fiscal and monetary policies are two main tools to correct the economic imbalances . Where expansion…

Q: State any two objectives of fiscal policy?

A: According to the given question Gradually we can say that fiscal policy always leads to the…

Q: concept of fiscal and monetary policy with own perceptive point of view

A: Economic policy is the set of measures and strategies implemented by governments or other governing…

Q: None

A: Referencehttps://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Monetary-Policy

Q: Compare and contrast both fiscal policy and monetary Policy

A: Answer: Comparison: Fiscal policy Monetary policy Fiscal policy is undertaken by the government…

Q: If the government tries to reduce inflation when the production level in the country is higher than…

A: Fiscal policy is a tool used bu government to bring the economy back to full employment.

Q: Economists at which of the following government offices help formulate spending plans and regulatory…

A: The question is asking about the government offices where economists work to help formulate spending…

Q: Using appropriate examples, clearly demarcate between fiscal and monetary policies.

A: Both fiscal and monetary policies are important methods through which policymakers aim to affect the…

Q: Fiscal policy is a plan for taxing and spending that is designed to steer an economy in a desired…

A: Fiscal policy is the policy of the government that is used to shift the aggregate demand curve.…

Q: Considering what you've learned about both fiscal and monetary policy, what are some of the benefits…

A: Monetary policy is the policy formulated by the central bank to regulate and manage the money…

Q: a) Discuss monetary policy and fiscal policy by comparing and contrasting their effacts in the short…

A: a) Monetary policy measures are being taken by the central bank of a country in order to expand or…

Q: True/False  Unemployment benefits are an example of fiscal policy.

A: An unemployment benefit refers to a benefit provided to an unemployed person by the state in terms…

Q: Which of the following is a tool of fiscal policy used to increase aggregate demand in an economy?…

A: One fiscal policy measure that can boost aggregate demand is tax reductions. Tax reductions increase…

Q: Select the following government actions that would be considered part of fiscal policy.…

A: The objective of the question is to identify which of the given actions are part of fiscal policy.…

Q: When the federal government uses taxation and spending actions to stimulate the economy it is…

A: It is the policy of the government regarding public revenue and public expenditure. Through the…

Q: Distinguish between monetary and fiscal policy.

A: Policy- It is a rule or plan of action followed by a group, government, or organization.

Q: Which of the below statements is INCORRECT about budget deficits and surpluses? Group of answer…

A: A budget surplus is when additional cash is leftover in a budget after costs are paid. A budget…

Q: The economist views the budget as a public policy making tool? True or false

A: False. Reason- Economists view the budget as the opportunity cost. They see budget as the…

Q: Economists are rethinking monetary and fiscal policy. That’s a potentially positive development.…

A: Monetary  Policy  :  Monetary  policy refers to the actions and decisions taken by a  cwntral bank…

Q: Why do price levels increase when the government adopts fiscal or monetary policy to correct the…

A: The expansionary fiscal policy i.e. increase in public spending and reduction on taxes or the…

Q: Compare and contrast the strengths and weaknesses of fiscal policy and monetary policy.

A: Fiscal policy is also known as the budgetory policy of the government. Monetary and Fiscal policy…

Q: Explain Fiscal and Monetary Stimulus?

A: Stimulus refers to the tempts to implement FiscalPolicies(FP) and Monetary Policies(MP) to stimulate…

Q: What is the Difference between Monetary & Fiscal Policy Fiscal Policy Monetary Policy Who? Who?…

A: Who?Fiscal policy decisions are made by congress and the presidentStatement 6th Monetary policy…

Q: east three examples of monetary policy? Provide at least three examples of fiscal policy? Give an…

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

Q: Which policy is more effective—monetary policy or fiscal policy? Why?

A: The monetary and fiscal policy, both are the way or process to balance the economic activities in an…

Q: fiscal policy or monetary policy, is preferable for recessions (

A: Recession refers to significant decline in economic activities, the economic measures and growth as…

Q: Why does the budget require a forecast of the economy? Under what circumstances would actual…

A: A budget is a financial document or the financial plan of an economy which includes the planned…

Q: Why would most economists default usually first to monetary policy for stabilization before using…

A: An economy can be stabilized either by the government of the nation or by the central bank. A major…

Q: Some economists argue that policymakers can use monetary and fiscal policy to reduce the severity of…

A: Monetary policy refers to policy that affects the cost and availability of credit in an economy.…