discretionary fiscal policy and nondiscretionary or built-in stabilization policy.

Q: Which of the following illustrates the effectiveness lag? A.Policymakers implement contractionary…

A: Effectiveness lag can be understood as when the policy is implemented or any change in policy is…

Q: Suppose we wanted to use fiscal policy (a change in taxes OR a change in government spending) in…

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

Q: Should fiscal policy encourage more consumption or more saving? Does it matter? I need a reason why.

A: The fiscal (F) and monetary (M) policies help to control and maintain economic fluctuations such as…

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 tax cuts don't cause enough economic growth,  we might also need to reduce expenditures to reduce…

A: Increase revenue or decrease spending are the two ways to reduce a budget deficit.  Tax cuts are…

Q: is (are) an example of an automatic stabilizer. A. A state income tax B.Property taxes C.A…

A: Automatic stabilizers are that policy which offset the economic fluctuation without direct…

Q: The debate over using government spending and taxing powers to stabilize the economy involves more…

A: We show that Economists ànd policymàkers disagree on how to spend government money and tàx revenue…

Q: Based on the Krugman text and your reader articles, what position do you take on the current fiscal…

A: Based on economic theory and empirical evidence, there are arguments for both stimulus and austerity…

Q: Which of the following will cause the structural budget deficit to increase? Select one: A. an…

A: Budget deficit refers to the the excess of government expenditure over government revenue. The main…

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: Assume the Philippines government adopted fiscal policy measures to reduce the severety of typhoon…

A: Typhoon Haiyan, also known as Super Typhoon Yolanda in the Philippines, was one of the most intense…

Q: What is likely to happen to a country's budget deficit if the government increases spending without…

A: The issue includes grasping the impacts of financial strategy, explicitly government spending…

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: Which of the following statements do economists NOT agree on? a. Increases in the…

A: The fiscal policies and monetary are applied to regulate economic activity over time. It helps to…

Q: Ruritania's economy has been enjoying positive but slowing growth. The Ministry of Economics is…

A: we can place the options in the appropriate column according to weather it will most likely lead…

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: The U.S. economy is over a decade removed from the Great Recession. For several years after the…

A: The  U.S economy is very developed, it is a kind of mixed type of economy,& also the biggest…

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: Which is regarded as an automatic stabilizer in the economy?

A: Introduction  Automatic stabilizers refer to government spending and taxes that automatically…

Q: DEFINE FISCAL POLICY. WOULD THE INCREASE OF $100 IN GOVERNMENT SPENDING HAVE THE SAME EFFECT ON GDP…

A: Fiscal policy is known as stabilizing policy in which government changes government spending or…

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: The Government has a $0.8 Trillion Growth target. What fiscal policy should they implement if MPS =…

A: To stimulate growth, government uses expansionary fiscal policy, by increasing spending (G) or…

Q: Our macroeconomic model suggests that after a decline in aggregate demand like that of 2007, the…

A: "GDP (gross domestic product) measures the value of all finished goods and services produced within…

Q: Hide student question Time Left : Determine whether each of the following is an example of a…

A: A direct expenditure offset to fiscal policy occurs when government spending directly offsets or…

Q: Explain fiscal policy and its role in stabilizing economies during recessions.

A: Fiscal policy is an instrumental component in the hands of legislatures to influence a country's…

Q: What are the effects of the business cycle on the government's budget? automatically tax revenues…

A: The government spending plan, also known as the national budget, is a file that lists the various…

Q: Cite the five major demand-side components of GDP. Then, identify the major elements affected by…

A: Gross domestic product of a country is the market value of all final commodities and services that…

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

A: The fiscal policy plays an important role in stabilizing an economy. By synchronized with monetary…

Q: Which of the following is NOT a problem associated with implementing fiscal policy. a. Policy lags…

A: The issue is to establish one of the stated works that isn't a difficulty when inputting measures of…

Q: In 10+ sentences, explain how we can eliminate the national debt using fiscal policy. Explain how we…

A: The use of government spending and tax policies to influence economic conditions, especially…