"In the face of unstable economic growth due to a recession or accelerated inflation, the potential problems of high public debt include increased income inequality, reduced economic incentives, and crowding out private investment." 1. Explains in detail fiscal policy, its role and its effects on short- and long-term economic fluctuations. 2. Explain each of the tools that exist in expansionary fiscal policy and contractionary fiscal policy.

Q: 3. Specify whether expansionary or contractionary fiscal policy would seem to be most appropriate in…

A: As per our bartleby guidelines i only have to do first 3 questions

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. Explain how each component in fiscal policy is used to solve the economic problem and illustrates…

A: Fiscal policy consists of three main components: 1. Receipts from the government2. Government…

Q: As we emerge from the pandemic, your friends are concerned with the rising prices they're…

A: Introduction  Fiscal policy has known as budgetary instrument of government policy. It influences…

Q: Find one article describing at least one instance of the use of Fiscal Policy during that 15 year…

A: One example of fiscal policy being used during the 15-year period from 2008 to 2023 is the…

Q: Discuss Expansionary Fiscal Policy. Who is responsible for implementing fiscal policy? What may be…

A: Policies are created by the government in order to keep the economy on track and ensure economic…

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

A: Disclaimer:“Since you have asked multiple question, we will solve the first question for you. If you…

Q: Explain each of the tools that exist in expansionary fiscal policy and contractionary fiscal policy.

A: Fiscal policy is the use of government spending and taxation to adjust the economy. It is a method…

Q: ist the 3 major economic goals of fiscal policy.   Who is responsible for fiscal policy?

A: Since you have multiple questions, I would be answering the first two. If you want any specific…

Q: a. A recession. b. A stock market collapse that hurts consumer and business confidence. c.…

A: * ANSWER :-  (a)

Q: Some Economists argue that Fiscal policy have no effects in the long run on employment and aggregate…

A: There are various responsibilities of government and central bank towards the economy. The overall…

Q: Describe the roles of government bodies that determine fiscal policy. Explain fiscal policies’…

A: The role of government bodies that determine fiscal policy are as follows: The government fiscal…

Q: Discuss the meaning of expansionary fiscal policy

A: Fiscal policy implies the utilization of government spending and tax policies to influence economic…

Q: Complete the following sentence. As it relates to fiscal policy, a budget deficit exists when:Choose…

A: Fiscal policy measures the effectiveness of government budgets in an economy. This includes…

Q: Read the following premise carefully and answer the questions specifically and in detail. "In the…

A: Fisacl Policy:Fiscal policy refers to the use of government spending and taxation to influence the…

Q: 10.  Legislative lags associated with fiscal policy are due to all of the following, except:…

A: fiscal policy is the use of government revenue collection and expenditure to influence a country's…

Q: 4) What are direct expenditure offsets and how do they influence the effects of fiscal policy?

A: Direct expenditure offsets, also called crowding-out effects, talk over with the effect of elevated…