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Dampending policy is any action taken by a government that is designed to reduce the total level of spending in an economy. 1. fewer purchase of imported goods and services. 2. domestic producers will find that their domestic market is 'dampened' and is more difficult to sell in. as a result they may try to make up for decrease in sales domestically with increases in sales abroad.
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Give an explicit explanation of expenditure switching and expenditure dampening?
expenditure switching policy is a policy which government tends to switch the consumer's purchase on foreign goods to domestic goods whereas expenditure dampening policy which also known as expenditure reducing policy is a reducing the consumption of imported goods to ensure the balance of payment of a country to become worsen.
Fiscal policy and its objectives?
fiscal policy OBJ. in relation to taxation policy and expenditure policy
Strongest tool of expansionary fiscal policy?
More public expenditure
What is expenditure switching policy?
An expenditure switching policy is any action taken by a government which is designed to persuade purchasers of goods and services both at home and abroad to purchase more of that country's goods and services and less of the goods and services produced by others.
What is expenditure dampening?
Expenditure dampening is a policy which seeks to reduce consumer consumption of imported goods. The government can dampen by increasing rates to make the imported goods cost more.
Give an explicit explanation of expenditure switching and expenditure dampening?
expenditure switching policy is a policy which government tends to switch the consumer's purchase on foreign goods to domestic goods whereas expenditure dampening policy which also known as expenditure reducing policy is a reducing the consumption of imported goods to ensure the balance of payment of a country to become worsen.
What are the difference between expenditure-switching and expenditure-dampening?
Expenditure Switching policy: Making people to switch to consume domestic goods than foreign / imported goods.
Fiscal policy and its objectives?
fiscal policy OBJ. in relation to taxation policy and expenditure policy
Strongest tool of expansionary fiscal policy?
More public expenditure
What is called fiscal policy?
Fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy
What is expenditure switching policy?
An expenditure switching policy is any action taken by a government which is designed to persuade purchasers of goods and services both at home and abroad to purchase more of that country's goods and services and less of the goods and services produced by others.
What is expenditure dampening?
Expenditure dampening is a policy which seeks to reduce consumer consumption of imported goods. The government can dampen by increasing rates to make the imported goods cost more.
What has the author D B Owen written?
D. B. Owen has written: 'Replacement policy as part of a capital expenditure policy in the road transport industry'
Explain the role of fiscal policy and monteary policy?
Fiscal Policy involves taxes and spending. It is used (ofen incorrectly) to try to manage the business cycle. It is controlled by congress and the president Monetary policy involves managing the money supply and interest rates. It has proven much more useful in managing inflation and reces fiscal policy also helps in giving such more information about the government expenditure and government policies about the current expenditure
What do you mean by policy?
Fiscal policy refers to the use of government revenue collection and expenditure to influence the economy. It is the means to which a government adjusts its tax rates and spending levels.
How does monetization affect nation building?
Monetiztion is a new Federal government policy which says its reduces Federal government expenditure
What is meaning of Medium term expenditure Framework?
It is used as long term Budgeting instrument to maintain stability of public policy .
