Fiscal policy is when changes are made to and to accomplish macroeconomic goals. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a interest rates; money supply taxes; government expenditures taxes; interest rates taxes; the money supply
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A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
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Q: D
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A: Hi! thanks for the question but as per the guidelines, we can answer up to three sub-parts at one…
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A: Hi. Since there are multiple questions we will answer only the first three questions.
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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.
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- "Willam H. Branson" of "Macroeconomic Theory and policy" states that the "Fiscalist Model is an improbable, extreme case of the general model and not a stance to be taken seriously". However, the economic scenario during COVID 19 might indicate otherwise. Write an essay in about 500-600 words expressing your thoughts on this matter. Instructions: Please provide relevant statistics/data in order to substantiate your opinions.f Congress and the president decide an expansionary fiscal policy is necessary, then they should target higher interest rates by decreasing the money supply. enact policies that increase government spending and decrease taxes. Oenact policies that decrease government spending and increase taxes. O target lower interest rates by increasing the money supply. 2001-20 Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Exercise D24 Compare two policies: a tax cut on income or an increase in government spending on roads and bridges. What are both the short-term and long—term impacts of such policies on the economy?
- The graph below depicts an economy where a decline in aggregate demand has caused a recession. Assume the government decides to conduct fiscal policy by changing toxes to reduce the burden of this recession. Fiscal Policy 140 LRAS AS 130 120 110 100 90 80 70 AD 60 50 AD, 40 80 160 240 320 400 480 560 640 720 800 Real GDP (billions of dollars) Instructions: Enter your answer as a whole number. If you are entering a negative number include a minus sign. a. How much does oggregate demanci need to change to restore the economy to its long-run equilbrilum? billion b. If the MPC is 0.667, how much do taxes need to change to shift aggregate demand by the amount you found in part a? billion Suppose instead that the MPC is 0.5. C. How much does aggregate demand and taxes need to change to restore the economy to its long-run equilibrium? Aggregate demand needs to change by $ [ billion and taxes need to change by $ billion. Price LevelWhich organisation controls fiscal policy in Australia? Select one: a. The Reserve Bank of Australia O b. The National Cabinet O. The State Governments O d. The Federal Reserve e. The Federal Governmentexplanation. Be sure to exp Assume the United States has been in another recession for the past 10 months. Unemployment is 10% and GDP has dropped $1.9 trillion from its previous peak of $ 20.8 trillion. The housing and heavy equipment industries have been hit the hardest. Inflation has been near the 2% target but has started to dip below. Also, the countries average MPC is 60. Determine the best fiscal policy/strategy to help the economy recover and explain why it is the best choice. Be sure to reference Aggregate Demand and Aggregate Supply and explain your specific tools in your answers. Calculations Explanation Graph (More space for the explanation on the back)
- Place the fiscal policy timing lags in order from earliest to latest. Not all lags will be used. Answer bank in image Earliest lag latest lagWhat is fiscal imbalance? Fiscal imbalance is the _______ value of the government's commitments to pay benefits minus the _______ value of its tax revenues. A. future; future B. future; present C. present; future D. present; presentWhich 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. a The Federal Reserve b Тахpayers C Firms d The Congress and President.
- 1. Recommend fiscal policy that is most likely to be invoked during a period of recession or high unemployment and during a period of rapid inflation 2. Identify problems or limitations from the implementation of fiscal policies and putting them into effect? # please answer sub questions.What specific fiscal policy tools would you use to stimulate aggregate demand and how? also include the references for my research later on.Please no written by hand solutions Read Eye on the Multiplier in the eText or click on the icon to open a copy. Then answer the following questions During the second quarter of 2009, the economy was in recession and the output gap was $0 8 trillion How much fiscal stimulus would be required to close the output gap if the multiplier was as large as the President's Council of Economic Advisors believes? How much fiscal stimulus would be required if the multiplier was as large as Robert Barro believes? The President's Council of Economic Advisors says the fiscal policy multiplier is, so to close an output gap of $0.8 trillion, fiscal stimulus of $ trillion is needed Robert Barro says the fiscal policy multiplier is 0. so to close an output gap of $0 8 trillion, fiscal stimulus of $ trillion is needed.