hy might President Obama Response to the economic crisis be considered an expansion of his presidential powers?

Q: Fiscal policy is usually used during recessions because it is takes less time to implement than…

A: Recession:  The term recession refers to the period in which economic activities slow down and…

Q: Will Increase in government spending financed by borrowing help promote a strong recovery from a…

A: A recession is a period of an economic downturn that is caused due to the depletion of aggregate…

Q: Can governments use expansionary fiscal policy or expansionary monetary to effectively fight…

A: Answer: The use of fiscal policy and monetary policy is an effective tool to control the…

Q: Why do economists often disagree about the conduct of macroeconomic stabilization policy?

A: Economic growth can take place only if the economy is stabilised. Macroeconomic stabilisation is a…

Q: If stability of the economy is the primary objective of Fiscal Policy, then an Annually Balanced…

A: An annual balanced budget refers to when the spending of the government during a fiscal year equals…

Q: From 2008, how might monetary policy (as reflected in the OCR) have affected the degree of crowding…

A: Monetary policy refers to change in money supply and money demand by central banks through open…

Q: Explain Fiscal and Monetary Stimulus?

A: Stimulus refers to the tempts to implement FiscalPolicies(FP) and Monetary Policies(MP) to stimulate…

Q: Differentiate between monetary and fiscal policy.

A: Monetary policy: When the policy measures are being taken by the central bank of a country in order…

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 firms and industries have benefited from Reagan’s policy change and why?

A: Reagan’s policy address the supply side of the economy. The policy promised reduction in income tax…

Q: Explain the difference between fiscal policy and monetary policy. What are some of the reasons these…

A: Macroeconomic policy plans to give a stable economic environment that is helpful for encouraging…

Q: Why it could be the case that after an initial sharp increase, the budget deficit could drop through…

A: Budget deficit is when the government's expenditure exceeds the government's income.

Q: Explain the difference between fiscal policy and monetary policy. What are some of the reasons these…

A: The central bank's actions to regulate the money supply are referred to as monetary policy. To…

Q: Can you explain policy lags briefly and compare fiscal and monetarypolicies with respect to inside…

A: A policy lag implies the lag between the time when economic problem arises and the effect of the…

Q: Compare and contrast the strengths and weaknesses of fiscal policy and monetary policy

A: fiscal policy is the government tools to correct the instability of the economy . whereas monetary…

Q: Which of the following economic schools of thought promote the use of fiscal policies to stimulate…

A: Classicals believed that no government intervention is necessary and market adjusts itself.…

Q: *Does monetary or fiscal policy have a longer time lag?  Why?

A: Monetary policy is defined as the policy adopted by the central bank of the country to influence the…

Q: Fiscal policy can be classified into which two groups

A: Fiscal policy alludes to the public authority activity to impact the market by making changes in tax…

Q: How did the US use countercyclical fiscal policy as a recovery tool during the stock market crash of…

A: A fiscal policy refers to the actions performed by the government of a nation with an aim of…

Q: In theory, fiscal policy can be as effective in stabilizing the economy as is monetary policy. What…

A: Fiscal policy is the policy that is made to achieve the stability by the government by using its…

Q: Comparison and contrast strength and weaknesses of fiscal policy and monetary policy

A: A fiscal policy is used by the government in which they influence their spending and change tax…

Q: What is ? 1-)Potential GDP 2-)Monetary Policy 3-)Fiscal Policy

A: Potential GDP: When an economy can produce a level of output at inflation rate that is constant then…