Which of the following policy combinations would cause a rise in the government budget deficit?     falling taxes and falling government expenditure     rising taxes and rising government expenditure     falling taxes and rising government expenditure

Q: In an economy, the fiscal deficit is $31,000 , total expenditure is $88,000, and revenue receipts is…

A: The data presented in the question is:- Fiscal deficit = $31,000  Total expenditure = $88,000…

Q: In trade negotiations with the Japanese over the large US trade deficit with Japan, the US…

A: Exports and Imports are the two main elements of Balance of Trade (BOT). The Balance of trade…

Q: Calculate the revenue deficit given that the value of revenue expenditure is $77,000 and the value…

A: We are given that :- Revenue expenditure = $77,000 Revenue receipts = $30,000 We will find the value…

Q: How can a country reduce its public debt? A) Increasing government spending B) Reducing budget…

A: The total amount of money a government owes both its citizens and outside creditors is referred to…

Q: A decrease in government spending would be  (blank) and would  (blank) the budget deficit.

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Q: Calculate budgetary deficit when total expenditure is $30,000 and the total receipts is $28,000

A: The economics as a study is based upon the idea of decision making, where the entities involved in a…

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

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Q: Expansionary fiscal policy occurs when the government decreases spending or increases taxes to…

A: Fiscal policy is the tool used by government to control the economy.

Q: If a $6 billion economy is growing at a real rate of 5 percent a year and there is no inflation,…

A: This question asked us to determine what action the government needs to take to maintain a constant…

Q: If tax cuts don't cause enough economic growth,  we might also need to reduce expenditures to reduce…

A: Increase revenue or decrease spending are the two ways to reduce a budget deficit.  Tax cuts are…

Q: Contrast government debt with budget deficit or surplus

A: Budget deficit is the government expenditure dominating the government revenue in budget for a given…

Q: Which situations result in an increase in the national debt? Select the two correct answers.:

A: The total of all obligations due by a country's government is referred to as the national debt.…

Q: If the primary deficit of a government is given as $800 billion ,find the interest on payment when…

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Q: Which of the below statements is INCORRECT about budget deficits and surpluses? Group of answer…

A: A budget surplus is when additional cash is leftover in a budget after costs are paid. A budget…

Q: What is the difference between the US government debt and government deficits? Are they sustainable?…

A: In the United States, government, that us Congress,makes various rules and regulations, according to…

Q: Explain any two implications of primary deficit

A: According to the given question The concerned difference between the fiscal deficit and the interest…

Q: Calculate the value of interest payment when the primary deficit is given as $9932billion and the…

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Q: If a government shows the fiscal deficit of $ 40,000 billion the revenue expenditure on the interest…

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Q: If the total revenue expenditure of a country is $ 800 billion and the total revenue receipts are…

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Q: The U.S. national debt equals the sum of government deficits over time. True or False True False

A: Government deficit indicates the excess of government revenues over the income of the government.

Q: To eliminate the deficit (and halt the growth of the net public debt), a politician suggests that…

A: The deficit means the government expenditure being larger than the government revenue. The…

Q: What is meant by the “unfunded liabilities” of the Social Security and Medicare programs? How will…

A: Social security systems give countermeasures against the causes of needy conditions incorporating…