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When the government collects taxes and pays out transfer payments as a way to balance the economy what are these fiscal tools called?
Wiki User
∙ 10y ago
Automatic Stabilizers - because the taxes and transfer payments change when an individuals income changes, it allows an "automatic" change that should eventually balance out.
Wiki User
∙ 10y ago
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When the government collects taxed and pays out transfer payments as a way to balance the economy what are these fiscal tools called?
Automatic Stabilizers - because the taxes and transfer payments change when an individuals income changes, it allows an "automatic" change that should eventually balance out.
Balance of payments deficit?
A balance of payments deficit means there is an imbalance in the balance of payments of a country where the payments the country makes are more than the payments they received. It means the balance of payments is negative. A balance of payments deficit is,when government expenditure is more than government revenue
What happens in a 0 balance transfer?
When one has a 0 balance transfer it means that all of one's balance transfer payments are pushed to the bottom. If it is a 0% it means that one would have no annual fees.
A government may its currency to correct its balance-of-payments conditions?
devalue
Can you make payments on a credit card by using another credit card with a lower interst rate?
Yes - it's called 'balance transfer' and is commonly done if you transfer the entire balance in one fell swoop.
Does Brazil have a balance of payments surplus or deficit?
It has a balance of payments deficit.
What is the purpose of a balance transfer offer?
The purpose of a balance transfer is to transfer balance. Many credit card companies allow the transfer of balance from one card to another. That is a balance transfer.
Can a nation have a favorable balance of trade and an unfavorable balance of payments?
Yes, as the balance of trade is only one part of the balance of payments
What is the balance of payments account that records the amount of foreign currency the government buys or sells?
official revenue accounts
Does the balance of payment always balance?
International Balance of Payments
What are advantages of a 0 balance credit card transfer?
A 0 balance credit card transfer can often be an effective way of reducing or consolidating your debt. They do this by helping you save on interest payments allowing you to save upwards of 10-15% over a card with an APR of 15%.
Can a wife transfer her credit card balance of a card that is?
She can transfer the balance onto a new card. It is known as a 'Balance Transfer'.
