Which of the following is included in G? Select one: a. medicare b. social security payments c. government purchases d. interest payments on the government debt

Q: What is the primary goal of fiscal policy? A. Maintaining price stability B. Achieving full…

A: Fiscal policy is a basic part of an administration's financial administration toolbox. It includes…

Q: What do taxes pay for? Schools, government departments, roads, and emergency services…

A: Taxes is the compulsory payment which is levied by government on people or corporations. Taxes is…

Q: What are the budget revenues for a government to finance government spending?

A: Budget revenues are detailed information of revenues  receipts and expenditures of the government.…

Q: Differentiate between the following terms: a. a budget deficit.  b. the government debt.  c. a…

A: a. When the expenditure of individuals, Government, or company surpass the revenue then it is called…

Q: What are the main categories of U.S. federal government taxes?

A: Taxes are the major source of revenue of government. Government collects taxes from the public and…

Q: Which of the following is NOT the revenue collected by the central government? a. Population grant…

A: In an economy, Central government makes its budget to determine the expected revenue and expenditure…

Q: How can FISCAL POLICIES help for a low-carbon economy?

A: Fiscal policies are policies that are used by the government to achieve various goals relating to…

Q: What is a surplus unit?

A: A recession can be described as a sustained period of poor or negative growth in real GDP (output)…

Q: Discuss the three broad functions of the government

A: The government is an authority or power that organizes on behalf of a community of citizens. In the…

Q: he Philip

A: The new tax reform is considered to be a good news for low-income and middle-income earners of the…

Q: The following table contains data for a hypothetical closed economy that uses the dollar as its cur…

A: Budget surplus in economics refers to a situation where a government or a household's income exceeds…

Q: What are the main categories of government spending? What are the main categories of government…

A: Government spending is the fund spend by the government on the various sector of society. It has the…

Q: Economists at which of the following government offices help formulate spending plans and regulatory…

A: The question is asking about the government offices where economists work to help formulate spending…

Q: Assume that initially nominal exchange rate is E1=5 ($1 = t5) and domestic (Turkey) inflation rate…

A: In a given year, a deficit occurs when expenses exceed revenues, imports exceed exports, or…

Q: Which tax is the largest source of tax revenue in the United States? personal income taxes…

A: The largest source of the tax revenue of the United States government has individual tax been since…

Q: When the U.S. debt-to-GDP ratio has fallen, it has generally been because: the budget deficit fell.…

A: The debt-to-GDP ratio is a metric that compares a country's public debt to its gross domestic…

Q: 40% on income up to $25,000 30% on income between $25,000 and $34,000 25% on income between $34,000…

A: Tax is imposed by the government to earn revenue for spending in an economy. Taxes can be classified…

Q: What is the best policy to implement with regard to taxes?

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: Do you think that a uniform global corporate tax rate is a good idea? Why or why not? Who will it…

A: Macroeconomics is important for a country to progress effectively. Aggregate demand and aggregate…

Q: Refusing to pay taxes because you disapprove of how the money is being used by the government is an…

A: Taxes are described as a legal payment made by citizens of a country to the government that is…

Q: Arrange the following revenues in the federal government, from greatest to least. (1 being the…

A: Since you have posted multiple questions, as per the Bartleby guidelines we can solve only one…

Q: how are consumption taxes different from income and property taxes?

A: Taxes are compulsory payments to governments without expectation of direct return or benefit to the…

Q: Do you think taxpayers would be willing to pay higher property taxes if the revenue is earmarked for…

A: The practise of allocating tax or other revenues to a specific programme or purpose is known as…

Q: Government spending on programs such as Social Security and Medicare are included under:

A: Social security and Medicare are part of Federal budget.

Q: What is fiscal policy and what government entities make it?

A: Governments are political organizations that have the authority and power to make decisions and…

Q: 43. Programs such as Social Security and Medicare a. Have to be re-authorized every year b. Do not…

A: Social security and Medicare aims to provide people with aids of health insurance, retirement,…

Q: 10. Which of the following best describes government revenue? a) Government programs designed to…

A: Government of a nation needs money to finance its spending.  Government has two sources of…

Q: How do you calaculate the debt to GDP ratio?

A: Debt to GDP ratio refers to the calculation that calculates the nation’s government debt to the GDP.

Q: Which flows represent taxes? a. C and D b. E and F c. A and B d. D and E

A: In a market, there is a cyclical flow between firms, households, and government for an exchange of…