Define fiscal policy and its objectives. Identify various types
of fiscal policy and with appropriate diagrams,...
Define fiscal policy and its objectives. Identify various types
of fiscal policy and with appropriate diagrams, explain how they
influence aggregate demand;
define expansionary fiscal policy and explain:
(1) when the government uses expansionary fiscal policy, (2) its
possible negative impacts (3) why it doesn't always work as
intended, and (4) why it sometimes can be destabilizing for the
economy.
Fiscal Policy
Which of the following is an appropriate fiscal policy response
to a negative GDP gap?
a.
raise real interest rates
b.
raise income tax rates
c.
increase government spending
d.
lower real interest rates
Which of the following is an appropriate monetary policy to
combat anegative GDP gap?
a.
raise real interest rates
b.
lower real interest rates
c.
increase government spending
d.
raise income tax rates
Our macroeconomic model suggests that after a decline in
aggregate demand...
Explain thoroughly when an expansionary fiscal policy is
appropriate and when a contractionary fiscal policy is
appropriate.
Explain the three fiscal policies that can be used in
expansionary fiscal policy. Each policy must come with
an example.
Explain the three fiscal policies that can be used in
contractionary fiscal policy. Each policy must come with
an example.
Please leave any websites you use thanks! :)
Describe using words, graphs and all appropriate mathematics the
various factors that would make fiscal policy ineffective in
changing output in the short run. Be as detailed as possible.
Define fiscal policy and the fiscal policy tools used to
regulate the economy. What is countercyclical fiscal stimulus?
Discuss the concept of crowding-out. What are automatic stabilizers
and how do they affect the economy.
Define fiscal policy and then define monetary policy.
Explain how the government uses each policy when the economy is too
hot and inflation is rising.
Then explain how each policy is used when the economy is in
recession.
Question 2:
Discuss various types of capital budgeting techniques. Also
identify the most appropriate technique and justify with logical
reasoning.
Question 3:
It is commonly recommended that the managers of a firm compare
the performance of their firm to that of its peers. Increasingly,
this is becoming a more difficult task. Explain some of the reasons
why comparisons of this type can frequently be either difficult to
perform or produce misleading results.
Question 4:
List and describe the three general...
Question 2: Discuss various types of capital budgeting
techniques. Also identify the most appropriate technique and
justify with logical reasoning. Question 3: It is commonly
recommended that the managers of a firm compare the performance of
their firm to that of its peers. Increasingly, this is becoming a
more difficult task. Explain some of the reasons why comparisons of
this type can frequently be either difficult to perform or produce
misleading results. Question 4: List and describe the three general...
Explain, with aid of diagrams, the effects of an expansionary
fiscal policy under the classical theory and the Keynesian model.
Compare and contrast the effects under the two models. How would
these differences affect their conclusion on the role of
government? (20%)
Monetary and Fiscal
Policy:
Explain with the aid of diagrams, how
an increase in Government spending in a small open economy affects
the Aggregate Demand curve:
a. Assuming a flexible exchange
rate
b. Assuming a fixed exchange rate.
NO HANDWRITINGS PLEASE. I CAN'T READ MOST OF THE HANDWRITINGS,
UNFORTUNATELY. THANKS IN ADVANCE FOR TYPING ANSWERS