When the economy is in a recessionary mode, what will likely be the actions by government using fiscal policy?  Is it better to concentrate on aggregate demand or aggregate supply?  Why?

Q: What is the importance of fiscal policy during times of economic recession?

A: Fiscal policy refers to the type of the economic policy in which the government of a country tries…

Q: What is fiscal policy? And what are the different views on it from political platforms?

A: In economics, the term fiscal policy refers to the method by which a nation’s government adjust…

Q: What is meant by fiscal policy? How far can it be used to ensure, a high level of employment?

A: In a market economy, decisions are taken by the market forces and the government has limited…

Q: Which of the following is a way to finance a fiscal deficit? Select one: a. Indirect taxes. b.…

A: The fiscal deficit occurs when the government's expenditure is greater than the government's…

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: olicy"

A: Resource mobilization is the process of receiving resources from the resource provider with use of…

Q: What is the index of leading economic indicators, and how does it relate to discretionary fiscal…

A: A business cycle represents the periodic movement of the aggregate output of an economy in the…

Q: Describe the difficulties that can arise in implementing fiscal policy.??

A: Fiscal policy is known to be the policy in which the government uses three instruments which include…

Q: What policy might the federal government implement with regard to taxes and spending to help stop…

A: Fiscal policy refers to the changes in the federal government purchases and taxes, which are…

Q: Which part of the AS curve fiscal policy works better and why?

A: Aggregate supply refers to the total value of goods and services available for purchase at a…

Q: What is the reason why fiscal policy should be in tune with monetary policy when the economy is in…

A: Fiscal policy can be defined as government policies and the spending pattern that the government…

Q: What is the meaning and definitions of fiscal policy?

A: Fiscal policy is implemented by the government of a country. Money supply refers to the total volume…

Q: How could fiscal policy alleviate the problem? What specific policy changes would be needed?

A: Everything involving public funding or taxes is referred to as fiscal. Fiscal policy refers to how…

Q: Under what conditions is expansionary fiscal policy the most effective at increasing output? Why?

A: Expansionary fiscal policy is the policy which is to be used to push back the equilibrium normal…

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: Does MPC matter when using taxes to stimulate the economy in the short-run?

A: The stimulation of the economy using taxes involves fiscal policy. The expansionary/contractionary…

Q: Was fiscal policy effective when the US economy was experiencing stagflation during the 1970s? Why…

A: Stagflation alludes to a circumstance when the economy was confronting high inflation and high…

Q: What is the importance of fiscal policy during times of economic recession?

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Why Krugman believe that fiscal austerity in france or more generally in Europe would fail?

A: Fiscal austerity is used to define the steps or the direction taken by government which leads to…

Q: Who Controls Fiscal Policy?

A: option 2 is right answer The president and Congress Federal Reseve no role in control  fiscal policy

Q: when is the most appropriate time economically speaking for the federal budget be in a deficit?

A: A budget deficit is a situation when government spending exceeds the government's total income. A…

Q: Why do critics charge that fiscal policy has a “big-government bias”?

A: Answer-Fiscal policy is the notion that government should actively stimulate the economy in bad…

Q: If the president and parliament agree on a policy to reduce the budget deficit by increasing taxes…

A: If the government deicides to adopt a contractionary fiscal policy by increasing the taxes,…

Q: How fiscal policy influences aggregate demand?

A: Aggregate demand refers to the overall demand for commodities and services in an economy during a…

Q: Who is in charge of fiscal policies, and how do their different multipliers work?

A: The fiscal policy is the use of the government budget to affect an economy. when the government…

Q: Why do Republicans like tax cuts? Why are tax cuts a good thing? How does it affect the aggregate…

A: Answer -  We can not generalise that Republicans like tax cut or not but long line of US presidents…

Q: Which of the following Government agents are responsible for carrying out Fiscal Policy? Select an…

A: In Keynesian macroeconomics, aggregate demand plays a very important role. The change in aggregate…

Q: What do you understand by the term Fiscal Policy?

A: Fiscal policy is a way through which the US government adjusts its Expenses and tax rate depend on…

Q: Should the government fight recessions with spending hikes rather than tax cuts ? Explain

A: Government spending and tax reductions have different multiplying effects on the economy.

Q: Which of the following is an example of fiscal policy? Select an answer and submit. For keyboard…

A: Fiscal Policy refers to the measures employed by the governments to stabilize the economy of the…

Q: When the economy is in a recessionary mode, what will likely be the actions by government using…

A: The government's policy to manage the money supply in the economy is known as fiscal policy. This…

Q: What is supply-side economics? Does it oppose the Classical, Keynesian, or Monetarist theory? How…

A: Answer:- Suррly-side  eсоnоmiсs  is  а  mасrоeсоnоmiс  theоry  whiсh  аrgues  thаt  eсоnоmiс  grоwth…

Q: Fiscal Policy) Was fiscal policy effective when the U.S. economy was experiencing stagflation during…

A: Fiscal policy is the policy used by government to stabilize the economy in the business cycle. The…

Q: What should be done to combat inflation or an economy that is growing too quickly using fiscal…

A: Answer: When an economy is experiencing inflation or growing too quickly then the contractionary…

Q: What is the importance of fiscal policy during times of economic recession?

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: What are the limits of fiscal policy?

A: Fiscal policy:- It is the government mechanism to either control the level of economic activities.…

Q: Why tax cuts can increase both aggregate demand and aggregate supply?

A: In an economy, taxation refers to one of the government tools to influence a market situation and to…

Q: Does the monetary and fiscal policy have lags? Give your explanation

A: Expenditure lags for fiscal policy and monetary policyMonetary policy takes more time to stabilize…

Q: how does the fiscal policy work?

A: Government can control the price and output from the demand side in the short with the help of of…