Which of the following is an appropriate discretionary (active) fiscal policy if there is a recessionary gap? Group of answer choices an increase in the supply of money an increase in government purchases approved by the US Congress a decrease in transfer payments an increase in individual income taxes

Which of the following is NOT a component of federal fiscal policy?   A. Federal tax revenues   B. Federal government expenditures   C. Federal budget deficit   D. All of the above are components of federal fiscal policy

Some Economists argue that Fiscal policy have no effects in the long run on employment and aggregate output in the economy. What are the arguments behind this belief? EXplain. If indeed the government has to apply the expansionary fiscal policy what would eventually happen to the economy. Explain step by step the process impacting the economy.

What will be the primary deficit if the fiscal deficit is 320 and the interest payment by the government is 300 ???

What is the difference between discretionary fiscal policy and automatic stabilizers? How are federal budget surpluses and deficits affected by the business cycle?

List and briefly explain the time lags involved in discretionary fiscal policy.

What is the relationship between the government deficit and debt? Why is it essential that governments make the payments on their debts?

1. Why is a $100 billion increase in government spending on goods and services more expansionary than a $100 billion decrease in taxes?

Which of the following statements about the Canadian federal budget is FALSE? A. Currently, Canada has a federal budget deficit. B. The Minister of Finance presents the federal bugdet to the Canadian Parliament. C. The largest source of federal government revenues are personal income taxes. D. The largest source of federal government outlays are transfer payments to persons and other levels of government. E. Canada has not had federal budgetary surpluses in any fiscal year over the 2000 to 2020 period.

51. If taxes depend on income, then the magnitude of the government spending multiplier it would be if taxes were a lump-sum amount. A) could be either larger than or smaller than B) is larger than C) is equal to what D) is smaller than