What is the primary goal of fiscal policy?   a) Control inflation b) Ensure price stability c) Manage unemployment d) Influence economic activity

Q: Fiscal policy determines the level of interest rates.True or False

A: Fiscal policy: It refers to the policy which is used by the government so that it can make…

Q: following is not regarded as part of fiscal policy Select one: a. Increased taxation b. Decreased…

A: Fiscal policy is a policy through which a government, in turn, adjusts its rates of taxation and…

Q: If government policy makers were worried about the inflationary potential of the economy, which of…

A: When government worried about inflation, it can use contractionary fiscal policy to reduce the…

Q: Match the term to the definition: Government spending is less than tax revenue for the fiscal year…

A: Tax revenue is the income that is gathered by governments through taxation. Taxation is the…

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: Which of the following government actions is an example of fiscal policy?   A. Regulation of…

A: Fiscal policy : Fiscal policy refers to the use of government spending and taxation to influence the…

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

A: The answer is as follows:-

Q: TRUE/FALSE Spending by local governments to stimulate or slow down their local economies is an…

A: The Fiscal Policy (FP) is a tool of government to adjust the economy. The Monetary Policy is a tool…

Q: What is a surplus unit?

A: A recession can be described as a sustained period of poor or negative growth in real GDP (output)…

Q: What effect did the economic program have on the federal deficit?

A: ECONOMIC PROGRAM: Economic programs are the programs formed to improve the economy of the United…

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: 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: Identify and explain the fiscal policy implementation issues in detail along with relevant example.

A: Fiscal policy implies the use of government spending and taxation to influence the economy's overall…

Q: can Social Security and Medicare be fiscal time bombs

A: Social security is an initiative by Federal government which provides sources of income to people…

Q: Right now many economies in the world are experiencing a downturn due to the Corona Virus. a) What…

A: Hello, thank you for the question. Since there are multiple subpart questions posted here, only the…

Q: Discuss four problems that complicate the application of fiscal policy, include a description of…

A: Fiscàl policy  We show that Fiscàl policy is  the government's policy of stabilizing the economy by…

Q: Explain how fiscal policy, monetary policy, and economic factors influence public budgeting. In what…

A: Macroeconomic unpredictability and uncertainty may have been caused by an assortment of internal as…

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: Define the budget deficit

A: A budget is a financial document of the economy. This includes the expected revenue of the…

Q: What are monetary, fiscal and growth and supply side policies. How can a government utilize fiscal…

A: The AD-AS model is the main crux when the government would decide on the quantity of the real GDP.…

Q: How do taxation and government spending impact the economy of a country positively in three ways and…

A: Positive impact of taxation Cutting taxes enhance demand by increasing disposable income and…

Q: Explain how the government can use fiscal policy and monetary policy to reduce unemployment.

A: The government can influence the economy through fiscal policies, while the central bank can…

Q: Which of the following is NOT a fiscal policy action? Group of answer choices decreasing government…

A: The answer is - raising the quantity of money in circulation

Q: 1. Why do we need fiscal policy?

A: Fiscal policy refers to the government’s decisions about government spending and taxation to…

Q: Which of the following would be categorised as being fiscal policy? A An increase in training places…

A: A government's use of taxes and public spending to affect the economy is known as fiscal policy. It…

Q: Which economic policies affect a government's budget and include the increase or decrease the money…

A: Economic policies are policies or course of action taken by the government in the field of…

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: Describe some fiscal policies that governments are presently using to counter the impact of…

A: The fiscal policy is used by the government or the finance ministry of the country to regulate the…

Q: EXPLAIN THREE WAYS IN WHICH TAXATION AND GOVERNMENT SPENDING IMPACT THE ECONOMY POSITIVELY AND…

A: Positive impact of taxation Cutting taxes enhance demand by increasing disposable income and…

Q: During an economic _______, there is a decline in economic activity, including falling GDP, rising…

A: Economic cycles consist of various stages, including expansion, downturn or recession and…

Q: Fiscal policy consists of O O A) Money supply and interest rates. B) Taxes and government spending.…

A: Fiscal policy is a government's use of spending and taxation to influence the economy. It includes…

Q: Does tax cuts reduce tax revenue?

A: Government tax revenue: - it is the sum total of the income government received through taxation.

Q: For the government to run efficiently, it must collect tax revenue from the people. What is the…

A: The objective of the question is to identify the largest source of revenue for the federal…

Q: The establishment of a new government affect the economy in various ways. Explain how the economy…

A: A collection of people or organizations that wield political power and control over a certain region…

Q: Fiscal stance refers to

A: Fiscal describe the matters related to the finances of government, Specifically the revenue…

Q: Describe the three distinct terms to describe the tax rates?

A: A tax is an obligatory payment made by the people towards the government in order to meet the…