Which of the following is an example of active fiscal policy? a.Government expenditures rise during a recession because unemployment insurance benefits increase. b.The government runs a budget deficit during a recession because income tax collections fall. c.Congress passes a tax cut after the beginning of a recession with the aim of stimulating the economy. d.All of the above e.None of the above

Q: What is fiscal policy? And what are the different views on it from political platforms?

A: In economics, the term fiscal policy refers to the method by which a nation’s government adjust…

Q: Fiscal policy is conducted by the government and aims at boosting the economy; which of the…

A: The economies around the world have various entities, which are considered to be decision makers,…

Q: State any two objectives of fiscal policy?

A: According to the given question Gradually we can say that fiscal policy always leads to the…

Q: Explain the concept of Fiscal Policy

A: Definition of Fiscal Policy: Fiscal policy is a policy of government to control the economy through…

Q: Why is a $100 billion increase in government spending on goods and services more expansionary than a…

A: According to the aggregate expenditure model Total income (Y) = Consumption (c +b(Y-Taxes) +…

Q: A government budget shows the primary deficit of 6100 billion the revenue expenditure on interest…

A:

Q: What are the implications of the current fiscal stimulus and low interest on the future of our…

A: A stimulus package is defined as a coordinated measure by the government to lift the economy out of…

Q: Which of the following is NOT a discretionary fiscal policy A. Making automatic stabilizers more…

A: Fiscal policy refers to the impact on the economy that is produced by governmental spending and…

Q: 1) Under which of the following scenarios would an expansionary fiscal policy be more effective?…

A: In an economy, expansionary fiscal policy refers to the situation when government tries to increase…

Q: Classify each statement based on the type of fiscal policy to which it refers. answer bank in image…

A: Expansionary fiscal policy: Expansionary fiscal policy refers to the situation where the government…

Q: Under what conditions is expansionary fiscal policy the most effective at increasing output? Why?

A: Expansionary fiscal policy is the policy which is to be used to push back the equilibrium normal…

Q: 11.1 Due to the pandemic, the federal government announced many measures to help those negatively…

A: Government undertakes fiscal policy to maintain output and inflation in the economy. It refers to…

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: Explain the effectiveness of the fiscal policy in economics.

A: The fiscal policy is the means by which the public power changes its spending and pay to influence…

Q: During a recession, the government decides to give an additional child tax credit to households of…

A: Recession occurs when there is a fall in the aggregate demand in the economy. The fall in the…

Q: The use of government spending and taxation to affect aggregate demand are examples of fiscal…

A: Aggregate demand is the measure of total goods demanded and services too in any particular 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: Please show a diagram showing fiscal stimulus impacting on an economy where household saving is on…

A: Fiscal stimulus is defined as the fiscal policy measures taken by the government to boost the…

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: Which of the following sentences correctly describes the budget of the Federal Government of the…

A: The budget deficit states that the government's expenditure surpasses the government's revenue. The…

Q: Vhich of the following is true of the federal budget process in the U.S.? O a. Detailed budgeting…

A: The federal budget is considered as the estimation of the government revenue and spending for each…

Q: Which of the following is carried out in an expansionary fiscal policy? a. Higher taxes and higher…

A: Expansionary fiscal policies are measures adopted by government to increase money supply in the…

Q: Which of these is MOST LIKELY to occur after the government increases taxes?   A.) Consumer…

A: When taxes are increased, consumers' spending reduces as disposable income falls. Consumers are left…

Q: and

A: Supply-side economics is theory postulating that tax cuts for the wealthy result in increased…

Q: To enact Contractionary Fiscal Policy, the federal government must be running a budget ___________.

A: Contractionary fiscal policy is the point at which the public authority either reduces spending or…

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: Define the term fiscal policies and explain the government's government role in developing fiscal…

A: Fiscal policy is defined as the decision taken by the government to control the level of its…

Q: Who is in charge of fiscal policies, and how do their different multipliers work?

A: The fiscal policy is the use of the government budget to affect an economy. when the government…

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: 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: 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: What is classes as an expansionary fiscal policy?

A: Fiscal policy is the government-imposed policy used to change economic conditions like demand,…

Q: Suppose the government implements contractionary fiscal policy. As a result, the inflation rate will…

A: Actions by the government to either expand or tighten the economy, are under the “fiscal policy”,…