Answer to: Fiscal policy refers to changes in: (a) discretionary spending and taxes. (b) mandatory spending and taxes. (c) the money supply...
Discretionary fiscal policy refers to changes in: interest rates. the money supply. government spending or taxes to close a recessionary or inflationary gap. taxes to account for externalities and con Which one of the following policy changes represents a contractionary fiscal policy? A. A decrease...
题目The term "fiscal policy" refers to: A. The management of government finances. B. The setting of interest rates by a central bank. C. The regulation of money supply. D. The control of inflation. 相关知识点: 试题来源: 解析 A 反馈 收藏 ...
Discretionary fiscal policyrefers to thespending and taxing decisions of a national government that ar...
Government expenditures and tax revenues are the two sides of the government budget. Since most states in the U.S. are statutorily required to run balanced budgets, fiscal policy usually refers to spending and tax changes by the federal government. ...
Fiscal policy refers to the federal government's spending, budget, and tax policies set by the President and Congress. Here’s how fiscal policy impacts the U.S. economy.
U.S. fiscal policy is largely based on the ideas of British economistJohn Maynard Keynes(1883-1946). He argued that economic recessions are due to a deficiency in the consumer spending and business investment components of aggregate demand. ...
Fiscal policy likely affects your life in more ways than you’re aware of. Almost every American pays taxes, for example, and tax policy changes frequently at both federal and state levels. Additionally, government spending programs will affect you directly if you’re a beneficiary. For example...
Policy Instruments Expenditure-Changing, or Demand, Policies They include both fiscal and monetary policies. Fiscal policy It refers to changes in government expenditures, taxes, or both. Fiscal policy is expansionary if government expenditures are ...
The overall economic output will increase by $2 for every dollar increase in government spending or consumer income if the multiplier is two. A government can therefore strive to make subtle fiscal policy changes with minimal implications to national deficits that may have a larger, scaled impact ...