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What category does subsidies excise taxes and regulation belong in economics?
Government's influence on supply is the category that subsidies excise taxes and regulation belong in economics.
How is the government financed?
The government is financed through taxes.
The process by which the government manages spending and taxes to influence the direction of the economy is?
fiscal policy
What will happen to the supply curve when the government imposes heavy indirect taxes and puts price control on a commodity?
the supply curve will fall if heavy indirect taxes are imposed. A price will worsen the burden of suppliers which force them to cut the supply of goods.
What role do taxes play in fiscal policy?
Fiscal policy is spending, taxing and borrowing policies. The government collects taxes to pay for programs such as road construction, education and national defense. The government also uses taxes to influence the behavior of individuals.
What category does subsidies excise taxes and regulation belong in economics?
Government's influence on supply is the category that subsidies excise taxes and regulation belong in economics.
How is the government financed?
The government is financed through taxes.
Which part of the government did the colonial assembly influence?
Taxes, budgets, and laws. A+LS!
Which parts of the government of the colony assembly influence?
Taxes, budgets, and laws. A+LS!
Which part of the government did the colonially Assembly influence?
Taxes, budgets, and laws. A+LS!
The process by which the government manages spending and taxes to influence the direction of the economy is?
fiscal policy
In a democracy how do citizens control and affect the government?
Voting is a big way to influence. Also protesting can influence.
Who pays the government?
People pay the government through taxes like VAT
What will happen to the supply curve when the government imposes heavy indirect taxes and puts price control on a commodity?
the supply curve will fall if heavy indirect taxes are imposed. A price will worsen the burden of suppliers which force them to cut the supply of goods.
How is fiscal policy controlled?
Taxes, and government spending. Increasing taxes will decrease consumption and supply. Lowering taxes will increase consumption and supply. Increasing government spending will increase national consumption, and decreasing government spending will decrease national consumption. The economics AD-AS model shows a visual representation of the effects of fiscal policy on the economy if you are further interested.
What can both federal government and state government raise funds through?
Taxes, of course.
How does government make money?
Through taxes. Also the government makes money through fines on people who violate the laws, rules, or regulations imposed on them by the legislature. Taxes is only the beginning.
