52. An example of nondiscretionary fiscal policy would be a. The operation of the welfare state b. A federal jobs program adopted to stimulate consumption c. A tax cut adopted to stimulate consumption d. An interest rate cut implemented to stimulate consumption

Q: stock of government debt Will Con ue to rise a. Increases its taxes. O b. Runs a budget surplus. Oc.…

A: When current expenses exceed/surpasses the amount of revenue collected via normal operations, a…

Q: What is the primary goal of fiscal policy? A. Maintaining price stability B. Achieving full…

A: Fiscal policy is a basic part of an administration's financial administration toolbox. It includes…

Q: In the context of fiscal policy, what is a budget surplus? A. Government spending exceeds government…

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Q: 40. Which of these would help a government fight a recession? raising taxes cutting taxes cutting…

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Q: When a government runs a deficit, it _________ a. It cuts fundings for defense and uses the money to…

A: The objective of the question is to understand what happens when a government runs a deficit.

Q: 1. Which of the following best describes a fiscal policy tool? A. government spending B. bank…

A: Fiscal policy instruments are utilized by legislatures that impact the economy. These essentially…

Q: Assume the economy is at an output level that is above the potential GDP, if a contrary fiscal…

A: Fiscal Policy refers to changes in the government expenditure or tax rates in order to bring 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…

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Q: Give a brief definition of fiscal policy?  What are its economic goals?    Fiscal policy is the use…

A: Answer: Definition of fiscal policy: Fiscal policy is a policy of government wherein the government…

Q: 1. The economy starts out with a balanced Federal budget. If the government opts to implement…

A: Fiscal policy refers to the policy of the government to control the money supply in the economy.…

Q: An example of a fiscal policy designed to increase real GDP is a. a cut in taxes. b. an increase in…

A: Fiscal policies are designed to influence the aggregate demand, which further leads to affect the…

Q: 1.Which of the following is an example of fiscal policy? Select an answer and submit. For keyboard…

A: Fiscal policy refers to the policy used by the government to stabize the economy.

Q: Fiscal stance refers to: Select one: A. A government that takes a tough stance when it comes to…

A: Fiscal policy refers to government actions that result in a change in the level of economic activity…

Q: Which of the following is an example of contractionary fiscal policy? A. Cutting spending B.…

A: Fiscal policies are managed/controlled by the government of the country whereas monetary policies…

Q: Federal budget deficits occur when Interest payment on national debt increase from one year to the…

A: 22) Federal budget deficit means when the expenditure is more than the revenue.  The government gets…

Q: A federal budget deficit is financed by: a. Printing money b. Selling Treasury bonds c. Raising…

A: "Since you have asked a question with multiple sub-parts, we will solve first three sub-parts for…

Q: How does an increase in government spending without a change in taxes typically affect the national…

A: National debt is the amount that the government of a country has borrowed. The government is liable…

Q: Who is in charge of the fiscal policy?

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Q: What is fiscal policy? What effect does it have on the economy? What effect does the economy have on…

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Q: What does an increase in the income tax rate​ illustrate? An increase in the income tax rate is an…

A: What does an increase in the income tax rate​ illustrate? In general, [income] tax rate increases…

Q: Which legislative action shifted the budget power from the executive branch to the legislative…

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Q: Using the budget data below, calculate the debt-to-GDP ratio as of December 31, 2020 (Round your…

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Q: Which of the following is NOT a component of federal fiscal policy?   A. Federal tax revenues…

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Q: The largest single portion of the federal budget is devoted to A. interest payments on the…

A: Federal budget is divided into various uses, rnaging from education and Medicare to social security…

Q: Using examples from 2008-currently, explain fiscal policy. In your answer be sure to include what…

A: Main objective of any economy is stabilisation, economic growth, employment generation and poverty…

Q: Title Actions by the Federal Government that decrease the progressivity of the tax system: a.…

A: Tax system of a country refers to the process through which the tax has been collected by the…