0
What are the two major types of fiscal policy and how are they different?
Wiki User
∙ 8y ago
this question
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What are the instruments of fiscal policy?
The government can change its expenditures and its tax collection in order to achieve full employment, control inflation, or encourage growth. By increasing taxes and reining in expenditures, it helps contract the economy. The government can lower taxes and spend more in order to expand the economy.
Who is responsible for the implementation of fiscal policy?
Normally in every country there is aMinistry of Finance, who is responsible for public expenditures, tax collection, and providing policies for these activities ( tax rates for various types of income and items; tariffs on imported products, allocation of money for various activities ofthe government)
What are the two basic types of monetary policies?
loose money policy and tight money policy
What are the two types policy of economics?
There are two general types of economic policies. The first is fiscal policy, which operates on the principle that the most effective way for a government to influence the economy is through its spending. For example, in a recession, governments will try to stimulate the economy by spending more money by building infrastructure and creating training programs, for example. The second is monetary policy, which operates on the principle that the most effective way for a government to influence the economy is through its control of the money supply. For example, in a recession, governments will lower interest rates to encourage borrowing and increase the money supply in an attempt to stimulate the economy.
What is fiscal poilcy?
Fiscal Policy is the use of TAXES and GOVERNMENT SPENDING to manipulate the level of aggregate demand in the economyFiscal policy is the government's policy and plan for dealing with the budget for the year.Fiscal policy is the government's policy and plan for dealing with the budget for the year.
How fiscal policy affects new business?
Fiscal policy is the term used to describe the regulation of the economy through govenment taxes and spendin.Basically the government tries to increase its revenue by imposing differen types of taxes on different goods,services run or specialised by a firm....contact robmacah@gmail.com for full answering.Thank you!
What are the limits covered by car insurance?
There are all different types of coverage for an auto policy as well as different limits of coverage. Some limits and types of coverage are required by law and other amounts and types of coverages are up to the individual owner of the policy.
What are the different types of discourse?
There are four major types of discourse. These major types of discourse include argumentation, narration, description, as well as an exposition.
What are the four major types of servers on the internet?
There are more than four major types of servers. Check out the related links for information on these different types.
What are the instruments of fiscal policy?
The government can change its expenditures and its tax collection in order to achieve full employment, control inflation, or encourage growth. By increasing taxes and reining in expenditures, it helps contract the economy. The government can lower taxes and spend more in order to expand the economy.
What kind of insurance can be purchased from The Policy Shop?
The Policy Shop offers several different types of insurance. No matter what the need one is likely to find what they are looking for at The Policy Shop. Insurance types include car, home, bike, van, travel, and business.
What are some different policy car insurance types?
Some different car insurance policy types include: combined single limit, split limits, rental coverage, collision insurance, comprehensive insurance, towing insurance and personal property car insurance.
Which of these is an element of universal life insurance?
This life insurance policy has two different types of death benefits.
Are there different types of cacao plants?
Four major types of cacao are cultivated: Criollo, Forastero, Trinitario and Nacional.
Why is is important to have different types of insurance?
Since human needs vary, there is necessity for different types of insurance policies. While life insurance policies cater only policies related to individual life, general insurance has vast categories ranging from medical insurance, shopkeepers policy, householders policy, fire and burglary policy, marine policy, money transit policy and so on. Each policy cater to specific needs of the person or concern as the case may be.
What are the 2 types of accounting period?
1. fiscal year 2. Perpetual year
What is the tax year?
The tax year for individual and most businesses is the same as the Calendar Year. This is January 1st to December 31st. Certain business types can elect ad Fiscal Year which is still a full twelve months but for some reason their Fiscal year starts on a different day of the year.
