Can fiscal policies be effectively used to control economic activities?

Can fiscal policies be effectively used to control economic activities?

Expert Solution

Rahul Sunny answered 1 year ago

how a combination of fiscal and monetary policies can be used to restore an economy to...

how a combination of fiscal and monetary policies can be used to restore an economy to full employment, Economic growth and Balance of payments

With the aid of diagrams, explain how fiscal and monetary policies can be used to deal...

With the aid of diagrams, explain how fiscal and monetary policies can be used to deal with the problem of unemployment.

Command-and-control policies and market-based policies are policies used to deal with externalities.

1. Command-and-control policies and market-based policies are policies used to deal with externalities. Provide a specific example of each policy in the economy today and explain how they work. 2. “Any public good is worth producing because it benefits so many people.” Do you agree with this statement? If not, how would you decide which public good should be produced and which should not? 3. Explain why there is excess environmental pollution in our society?

Explain how a) fiscal and b) monetary policies can be used to remove a recessionary gap.

Compare the “soundness” of the Germany’s and China's fiscal and monetary macro-economic policies; have these policies...

Compare the “soundness” of the Germany’s and China's fiscal and monetary macro-economic policies; have these policies addressed the countries’ challenges, or made them worse? You will need 1-3 sources for this question. Source citing is required.

Are contractionary and expansionary fiscal policies economic or political or both? Explain. What is discretionary fiscal...

Are contractionary and expansionary fiscal policies economic or political or both? Explain. What is discretionary fiscal policy? Under what economic circumstances are expansionary and contractionary policies best used?

Economic Instruments: Please provide examples? 1. How do fiscal and monetary policies can reduce recessionary and...

Economic Instruments: Please provide examples? 1. How do fiscal and monetary policies can reduce recessionary and inflationary gaps? 2. What are the consequences of changes in Fiscal Policy instruments during a recessionary period? 3. What are the consequences of changes in Monetary Policy instruments during a recessionary period? 4. What are the consequences of changes in Fiscal Policy instruments during an inflationary period? 5. What are the consequences of changes in Monetary Policy instruments during an inflationary period?

List the limitations of fiscal and monetary policies in mitigating the effects of an economic downturn...

List the limitations of fiscal and monetary policies in mitigating the effects of an economic downturn stemmed from Covid-19.

1. Command-and-control policies and market-based policies are policies used to deal with externalities. Provide a specific...