Which of the following makes up the largest sliceof the budgetary pie?a. defense expendituresb. income security expendituresc. foreign aid expendituresd. domestic policy expenditures other than for incomesecuritye. interest expenditures

Q: A governor presents an exparsionary fiscal plan to stimulate production throughcut the state. Which…

A: The best expansionary fiscal plan to stimulate the production in the state is to reduce the tax rate…

Q: Is it easier for governments to change taxes or spending plans? Why? What doesthis imply for policy?

A: Fiscal policies are the measures used by the government to affect the economy. The major fiscal…

Q: Investment 200, Net Exports 50, Total Tax Reven 250, Income tax rate 10%. How much income should…

A: A budget is an estimation of revenue and expenses over a specified future period of time and is…

Q: To minimize GDP fluctuations, the government should run a budgetin times of recession and a budget…

A: When talking about GDP fluctuations, it is the cause of the fluctuations in the business cycle such…

Q: consumers increased consumption by a relatively small amount in 2008 and 2009 because thet believe…

A: This is explained by the permanent income hypothesis which implies that people will spend money…

Q: What is the importance of studying the national budget and how it will affect our economy?

A: national budget is important because of following reasons :- 1. Hepls in allocation and distribution…

Q: Which of the following is a correct interpretation of this cartoon? OA. The budget will not be…

A: In economics, the term balanced budget means the revenue and expenditures of a country are the same.…

Q: How will the revenues for the bottom line with a budget of $3.4 trillion affect our economy?

A: Answer - Need to find- How will the revenues for the bottom line with a budget of $3.4 trillion…

Q: In 1995, a proposed constitutional amendment that would require a balanced budget passed the U.S.…

A: Various legislators have been putting forward ideas to demand that the United States government…

Q: Using diagrams can you please show how the rise in the household saving rate can cause a fall in…

A: The IS curve is downwards sloping to the right which indicates to the fact that the rate of…

Q: QUESTION 7 IA IA AD Refer to the graph above. If the economy is at point B, the best government…

A: Here, the given graph shows the demand and IA curves to explain different level of income or output…

Q: Please answer the questions provided on the image below.

A: Curruption is a world wide problem and act as a hindrance in the growth path of any country either…

Q: This question is complete. The graph provides all the information. Use the graph to the right to…

A: Option B is wrong.

Q: 10. From the following data about a government budget, find out the following: (1) Revenue deficit…

A: The preparation for the statement of receipts and expenditures of the government annually over the…

Q: MPC is 0.60. To increase GDP by $360, how much should we decrease taxes?

A: MPC is 0.60. To increase GDP by $360, how much should we decrease taxes?

Q: The figure shows government expenditure and revenue as a percentage of GDP, 1990-2019. Durir which…

A: The government is said to run a budget surplus when its revenue receipts exceeds its expenditure.…

Q: opinion about Malaysia's budget 2022?

A: Malaysia has announced their budget with a focus on business resilience, social wellbeing and…

Q: The table below presents the tax revenue and spending for the government over five years Government…

A: Introduction: Government income, often known as national revenue, is the money that a government…

Q: стор The goverment report that (GDP) Increased by 1.6 percent in the last quater. This statement GOP…

A: GDP measures the market value of final goods and services produced by an economy during a given…

Q: To minimize GDP fluctuations, the government should run a budget in times of recession and a budget…

A: A budget surplus occurs when government tax revenue is greater than government spending Budget…

Q: a What is the total value of government spending? b What is the value of total consumer spending?…

A: Answer: (a). Government spending: Government will spend the amount that it collects from households…

Q: Choose the two methods with which the government can balance the federal budget. These two methods…

A: Budget refers to a legal document which is created either by the government or some other political…

Q: STEADY AS SHE GOES AFFIL BALANCED BUDGET THE ECONOMY Reprinted with permission from The Detroit News…

A: Government’s budget depends on revenue and spending.

Q: If GDPMP of a country is 50 billion and product taxes are 2 billion while subsidies given are worth…

A: GDP (as per income method) = GDP at factor cost + Taxes – Subsidies. 50= LET assume X + 2BILLION-…

Q: suppose the government of a country increases spending on roads and highways by 1000 crore taka.…

A: Given, Government spending = 1000 Crore taka Government spending is the amount spent by the…

Q: If the government gives a $300 tax cut to everyone inthecountry,explainthemechanismbywhichthiswill…

A: Tax cuts boost demand by by encouraging businesses for hiring and investing more and increasing…

Q: If government procurement officials are stewards of public funds, how can the public ensure that…

A: ANSWER

Q: In the United States, from the most recent fiscal data we reviewed in class, total government…

A: The government expenditure includes the expenditure made for the public infrastructure as well as…

Q: n the classical budgeting era from WWII to the early 70s, most citizens agreed on public policy and…

A: Keynes come up wit this policy keep the market at optimal levels and manage them after the WWII and…

Q: Why is it important to budget? (Note: You may discuss it in personal level to government level)

A: Budget refers to the estimation of income/revenues and expenses by an individual or government for a…

Q: For the U.S. government, which of the given is NOT an example of discretionary spending? defense…

A: Answer is Medicare. Medicare spending is not an example of discretionary spending and it does not…

Q: Which one of the following statements regarding fiscal policy and the budget is (2) correct?(a) When…

A: Fiscal policy delineates the efforts planned  by the government with a view to stabilize the prices…

Q: Question 16 From 2020 to 2021, suppose the country of "Eunice-zil" embarks on a major program of…

A: Gross domestic product refers to the total monetary or MV of all the finished goods and services…

Q: On average, does an increase in taxes raise or lower real GDP? If taxes as a percent of GDP go up 1…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub- parts for…

Q: State two main important objective of government budget??

A: According to the given question Government budget is an notion of the expected expenditure and the…