Which of the following Government agents are responsible for carrying out Fiscal Policy? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. The Federal Reserve b Тахраyers Firms d The Congress and President.

Q: A governor presents an exparsionary fiscal plan to stimulate production throughcut the state. Which…

A: The best expansionary fiscal plan to stimulate the production in the state is to reduce the tax rate…

Q: Describe fiscal policy. How can it affect the money supply, interest rates, and the expansion and…

A: Fiscal policy refers to the method of government spending and tax policies to take a control over…

Q: Suppose that you are a member of the Council of Economic Advisers. The president has asked you to…

A: The COVID-19 has contributed to worsening economic conditions in the United States and around the…

Q: Comment on either (a) the type of fiscal policy or monetary policy that is currently being…

A: Answer(a) The current fiscal and monetary policy can be in such a way that various considerations…

Q: What is expansionary fiscal policy? What is contractionary fiscal policy? Does expansionary fiscal…

A: In Keynesian macroeconomic theory, aggregate demand plays a very major role in stabilizing the…

Q: Explain the reasons why lags in fiscal policy can create statements such as this: “The member of…

A: Fiscal policy refers to the one of the types of economic policies, which is implemented by the…

Q: How will a contractionary fiscal policy affect a budget deficit? A.) Debts will…

A: Budget deficit refers to the amount of expenditure of a government that surpasses/exceeds the total…

Q: Does the effect of Monetary Policy can be seen much quicker than the effect of Fiscal Policy? Is…

A: The two most widely used instruments for influencing a country's economic activity are monetary…

Q: What are the three fiscal policy tools and how would each be used to counter a contractionary gap?

A: Fiscal policy tools are the revenue and expenditure tools of the government undertaken to accomplish…

Q: If the economy is producing in the intermediate zone of the ad/as would you suggest discretionary or…

A: The government of the country takes the help of fiscal policy measures to maintain balance in the…

Q: What are the 3 tools for fiscal policy?  How would they be used for expansionary stabilization?…

A: Fiscal policy is a tool used by the government to influence a country's economy. There are two types…

Q: Which of the following is/are examples of expansionar fiscal policy A) An increase in taxes B) An…

A: The fiscal policy is mainly concerned with the tax rates and the government spending, while monetary…

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: If the government were to increase income taxes, how would that affect output (RGDP) and the price…

A: Similarly, contractionary fiscal policy,  dampens the output level in the short run. It shifts the…

Q: Which one of the following statements regarding fiscal policy and the budget is (2) correct?  A…

A: Fiscal policy is the use of government spending and taxes to influence the level of money supply in…

Q: (c) The Bank of England has a target of keeping inflation at 2%. Central banks around the world that…

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

Q: f an increase in government spending is accompanied by a reduction in spending by firms and…

A: The GDP or the gross domestic product is defined as the value of all final goods and services newly…

Q: 1. The notion of functional finance says that: the economic function of the President is to maintain…

A: Functional Finance: Functional finance says that the government should not be concerned with…

Q: Why is the tax multiplier smaller than the government spending multiplier?

A: In a market, the government has two ways to influence the behavior of market factors. It may change…

Q: to 2002 c. 2002 to 2003

A: Contractionary fiscal policy is when the government either tends to raise taxes or cut spending.It…

Q: Suppose the economy has unemployment level close to 15%. A proper fiscal policy might be which of…

A: Unemployment occurs when people who are able, willing and looking for jobs are unable to find jobs.…

Q: Fiscal policy is when changes are made toandto accomplish macroeconomic goals. Select an answer and…

A: Fiscal policy: These are the policy measures that are being introduced by the government of a…

Q: If the government announces that it has increased the corporate tax rate from 25% to 35% and the…

A: Taxation is an instrument of the fiscal policy.

Q: Choose the two methods with which the government can balance the federal budget. These two methods…

A: Budget refers to a legal document which is created either by the government or some other political…

Q: What is fiscal policy and what is the crowding out effect of expansionary fiscal policy?

A: Government use various policy instruments in the economy to properly balance and maintain it and…

Q: Using a carefully labeled AE/PC graphs, show and explain, how an economy can get out of a liquidity…

A: Interest rate is the rate that is charged by the lender from the borrower. It is the rate that is…

Q: Distinguish between discretionary and nondiscretionary fiscal policy. What is the difference? What…

A: SUMMARY- Discretionary fiscal policy alludes to the policy drives taken up by the public authority…

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: 01. Which ff the following reasons why fine-tuning the economy is not likely to be successful, is…

A: In an economy, there are different types of economic lags that may arise when government tries to…

Q: Suppose the economy has unemployment level close to 15%. A proper fiscal policy might be which of…

A: Fiscal Policy involves use of government spending and taxation in order to influence the economy.…

Q: a fiscal contraction. Ir

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

Q: The U.S. is in a recession due to decreased Aggregate Demand in the economy. Should the government…

A: When there is a financial crisis in the economy or a rise in interest rates, fall in the prices of…

Q: 15 MULTIPLE SELECT: If the government decides to utilize a contractionary fiscal policy, which of…

A: Fiscal policy is sometimes compared with monetary policy, which is determined by central bankers…

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

A: Fiscal policy is used by government to stabilize the economy either in terms of price or output.

Q: Comment on either (a) the type of fiscal policy or monetary policy that is currently being…

A: In order to improve and balance economy government of fiscal policy and the central bank adopt…

Q: Consider the following economy C=1000+0.4(Y-T) |=500 T=400 G=300 The current administration wants to…

A: we have C=1000+0.4(Y-T) I=500 T=400 G=300 so, equilibrium level of income =…

Q: 12. What is the purpose of the following fiscal policies? fiscal policy a. Contractionary b.…

A: In economics and political science, fiscal policy is the use of government revenue collection and…

Q: which of the following individuals would most likely favor an increase in government spending, as…

A: a and d would be opposed to tax cut.

Fiscal Policy and Money Market

Fiscal policy is one of the important tools that is used by the government to control inflation or aggregate demand in the economy. Under this policy, there are two rules which are used by the government, one is the expenditure of the government and the other is the taxation or income of the government which it collects from the public.