Fiscal policy attempts to accomplish all that the following objectives except​ ______.A.sustained economic growthB.full employmentC.a stable money supplyD.price level stability
An economic situation is at a short-run equilibrium as portrayed in the figure. An proper fiscal policy choice to relocate the economy to full employment is come increaseA.tax rates and also move the economic climate to a full-employment equilibrium at suggest b.B.lower the interest rate by raising the amount of money and also move the economic climate to a full-employment equilibrium at suggest b.C.tax rates and also move the economic situation to a full-employment equilibrium at point c.D.government expenditure and move the economic situation to a full-employment equilibrium at suggest b.E.government expenditure and move the economy to a full-employment equilibrium at suggest c.

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In order to assist the economic climate recover indigenous a recession utilizing fiscal​ policy, the federal government can​ ________ so that aggregate demand increases.A.decrease the amount of moneyB.raise interest prices C.cut taxesD.raise taxesE.cut government expenditure on goods and also services
______the usage of the federal budget plan to attain macroeconomic objectives such together full​ employment, continual economic​ growth, and also price level stabilityis make by​ ______ ~ above an annual timeline.A.Fiscal policy and also monetary policy​ are; the​ President, Chairman of the​ Fed, and CongressB.Fiscal policy​ is; the​ President, Vice-President,​ Cabinet, Chairman the the​ Fed, and CongressC.Fiscal policy​ is; the President and also CongressD.Fiscal policy and monetary policy​ are; the​ President, Vice-President,​ Cabinet, Chairman that the​ Fed, and also Congress
The table shows the receipts and also the outlays that a nation at each level of actual GDP. What is the budget deficit once real GDP is ​$4 ​trillion?When real GDP is ​$4 ​trillion, the budget deficit is ​$___ trillion.
A taxes on labor income​ ______. The equilibrium quantity of labor​ ______. A.decreases the it is provided of​ labor; decreases.B.decreases the demand for​ labor; decreasesC.decreases the it is provided of labor and also increases the demand for​ labor; increasesD.decreases the supply of labor and increases the need for​ labor; decreasesAt the brand-new equilibrium amount of​ labor, the​ before-tax wage price _____ and the​ after-tax wage price ____.

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An economy is suffering a recessionary gap. The federal government can​ ______.A.raise counting or diminish the amount of money to decrease​ long-run aggregate supplyB.increase expenditure or reduced taxes to increase accumulation demandC.increase expenditure or cut taxes to increase​ short-run aggregate supplyD.raise taxes to decrease​ long-run accumulation supply
Taxes and​ needs-tested spending job-related as automatic fiscal plan to dampen the organization cycle since taxes​ ______ throughout an​ expansion, and​ needs-tested spending​ ______ throughout a recession.A.​decrease; decreasesB.​increase; decreasesC.​decrease; increasesD.​increase; increases
At the end of 2011​, the federal government of China​"s blame was yen12.2 trillion. ​(yen is yuan​, the currency of China​). In 2012​, the federal government spent yen12.7 trillion and ended the year through a debt of yen11.6 trillion.How lot did the government receive in tax revenue in 2012​? The government received yen________trillion in taxes revenue in 2012.
f the economic climate is in equilibrium with real GDP much less than potential​ GDP, there is​ ________ gap and also a fiscal plan that​ ________ is appropriate.A.an​ inflationary; increases aggregate demandB.a​ recessionary; increases aggregate demandC.a​ recessionary; rises potential GDPD.a​ recessionary; decreases aggregate demandE.an​ inflationary; decreases accumulation demand
A to decrease in the taxes on capital income​ ______ the genuine interest price and​ ______ investment and economic growth.A.​decreases; decreasesB.​decreases; increasesC.​increases; increasesD.​increases; decreases
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