Discretionary fiscal policy to stimulate the economy includes ________. A. Lowering the tax rate paid by households

Question:

Discretionary fiscal policy to stimulate the economy includes ________.

A. Lowering the tax rate paid by households with middle incomes

B. Raising the tax on gasoline

C. The fall in tax revenue as the economy goes into recession

D. The rise in tax revenue collected from businesses as their profits increase

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

See More Books

Question Posted: May 21, 2018 08:53 AM

See More Questions

When it comes to understanding inflation, and even other aspects of the business cycle, ecological economists will often emphasize the role of energy, and especially oil, in shaping macroeconomic...
How can the federal government use discretionary fiscal policy to stabilize the business cycle?
True or False: 1. The government can use fiscal policy to stimulate the economy out of a recession or to try to bring inflation under control. 2. When tax revenues are greater than government...
What are the key issues associated with managing an international assignment?
Discuss some of the problems and challenges of teamwork.
Repeat the previous problem for a 40-strike 180-day put. Previous problem Consider a 40-strike 180-day call with S = $40. Compute a delta-gamma-theta approximation for the value of the call after 1,...
P(155 < x < 172) The random variable x is normally distributed with mean = 174 and standard deviation = 20. Find the indicated probability.
Describe how organizations use symbols and stories to communicate values and beliefs. Give some examples of organizations symbols or stories with which you are familiar.
Match each definition with its related term by selecting the appropriate term in the dropdown provided. 1. Actual Accounting System Term 2. Direct Labor Efficiency Variance 3. Direct Labor Rate...
Cost-flow assumptions FIFO, LIFO and weighted average using a periodic system. The following data was available for Sellco for the fiscal year ended on January 31, 2011: Sales................1,600...
Automatic fiscal policy ________ A. Requires an action of the government B. Is weak unless the government cuts its outlays to reduce the deficit C. Operates as the economy moves along its business...
U.S. national debt _______ when the federal governments _______. A. Increases; outlays exceed tax revenue B. Decreases; outlays exceed tax revenue C. Increases; tax revenue rises faster than outlays...
The following information has been excerpted from the statement of stockholders equity included in a recent annual report of Thompson Supply Company. (Dollar figures are in millions.) Instructions...
A shock wave occurring when an object travels through air can be considered to be: A B C A loud bang as the object passes. A discontinuity in the air flow. Cold air meeting hotter air. D) Sound wave...
An administrative agency, commission or board cannot revoke the licence or registration of a business without giving the business an opportunity to object. True False
8) In the xy-plane, an infinite conducting plane grounded. At a distance of d above the plane along the z-axis, there is a +q charge. a) Using the image method, write the electric potential. Show...
Which one of the following statements about pressure is correct? A Pressure does not need a solid surface to act. B Pressure is a vector quantity that varies with time. C A Newton of force acting...
(b) A conical solid of diameter 1.5 m and height 2 m was immersed into the river in an inverted position as shown in Figure 2(b). The density of the water in the river was 1000 kg/m. If the base of...
If youve been studying hard, by now you have great insight into why oil and water dont mix. You understand that the oxygen atom has eight electrons: two in the first shell, and six in the valence...
The activities listed in lines 2125 serve primarily as examples of A) Underappreciated dangers B) Intolerable risks C) Medical priorities D) Policy failures
Read Eye on Full Employment then work the following exercises. Compare the duration of unemployment in 2019 with that in 2000 and explain whether the difference was most likely the result of...
China GDP growth slows to 27-year low Chinas economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting...
Investors snapping up US homes at record levels With confidence in the housing market and low mortgage interest rates, U.S. investors are buying new and existing homes at a record high rate. Where do...
3. Create a chart for gross margin less R&D and capital costs calculations. a. Calculate gross margin less R&D and capital costs for options A and B. b. Graph total gross margin less R&D and capital...
Why was Thomas Paine's "common sense" article significant to the american revolution?
Aramex, Inc is currently offering a bond with a par value of $1,000, which is priced at $1,488 in the market. The bond offers a fixed annual coupon rate of 14.05 percent, which is paid semiannually....

Discretionary fiscal policy to stimulate the economy includes ________. A. Lowering the tax rate paid by households

Question:

Step by Step Answer:

A Is discretionary fiscal policy becau...View the full answer

Foundations of Macroeconomics

Students also viewed these Business questions