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Why the aims of government policy might conflict with each other?
Wiki User
∙ 11y ago
there may be change in planning commission
Wiki User
∙ 11y ago
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Who administers Fiscal Policy?
The fiscal policy, which is, controlling the level of taxes and government spending, is left to the government. On the other hand, the monetary policy, that is, the tools fr controlling money supply in the economy, is controlled by the central bank.
What is forgien policy?
Foreign policy is the strategy that a government has for dealing with other nations. Each nation has their own foreign policy.
One of the major issues in macroeconomics is disagreement in the debate over policy activism versus policy rules What exactly is that disagreement Any implications?
This disagreement stems from differing views on government intervention in the economy. Policy activism requires that the monetary and fiscal policy be used in such a way as to improve the economy. This type of reasoning dates back to Keynes, who believed that the economy sometimes needs government help to avoid stagnation. Policy rules require instead that the government use such things as a constant-growth-rate policy so as to accommodate economic growth, but not to attempt to stimulate it. In other words, the economy is best left to its own devices, and government intervention causes more problems than it solves.
What does fisical policies deal with?
In economics, fiscal policy is the use of government spending and revenue collection to influence the economy. Fiscal policy can be contrasted with the other main type of economic policy,monetary policy , which attempts to stabilize the economy by controlling interest rates and the supply of money. The two main instruments of fiscal policy are government spending and taxation. Changes in the level and composition of taxation and government spending can impact on the following variables in the economy: * Aggregate demand and the level of economic activity; * The pattern of resource allocation; * The distribution of income. Fiscal policy refers to the overall effect of the budget outcome on economic activity. The three possible stances of fiscal policy are neutral, expansionary and contractionary: * A neutral stance of fiscal policy implies a balanced budget where G = T (Government spending = Tax revenue). Government spending is fully funded by tax revenue and overall the budget outcome has a neutral effect on the level of economic activity. * An expansionary stance of fiscal policy involves a net increase in government spending (G > T) through rises in government spending or a fall in taxation revenue or a combination of the two. This will lead to a larger budget deficit or a smaller budget surplus than the government previously had, or a deficit if the government previously had a balanced budget. Expansionary fiscal policy is usually associated with a budget deficit. * A contractionary fiscal policy (G < T) occurs when net government spending is reduced either through higher taxation revenue or reduced government spending or a combination of the two. This would lead to a lower budget deficit or a larger surplus than the government previously had, or a surplus if the government previously had a balanced budget. Contractionary fiscal policy is usually associated with a surplus. Fiscal policy was invented by John Maynard Keynes in the 1930s.
How might a country respond to a trade embargo?
It could pursue a policy of national self-sufficiency.
Relations with the government of other countries?
foreign policy
What foreigh policy?
Foreign policy is the strategy that a government has for dealing with other nations. Each nation has their own foreign policy.
Mention two states of India having conflict with the central government?
There is nothing like conflict between central and state governments. It is democratic set up in India meaning thereby that there might be governments of two different parties in states and in the centre. It does not mean that they are in conflict with each other.
foreign policy ?
A government's interactions with other countries and foreign groups.
Which kind of policy out the government purpose of protecting the nation from other countries?
Foreign
Why is conflict present in human society?
They either take over other countries or its the government
Who administers Fiscal Policy?
The fiscal policy, which is, controlling the level of taxes and government spending, is left to the government. On the other hand, the monetary policy, that is, the tools fr controlling money supply in the economy, is controlled by the central bank.
Why does not the ethiopian government make aright policy to get back the doctors who either left Ethiopia or studied abroad and prefer to stay there?
The Ethiopian government has other things to worry about other than a policy to get doctors to come back from abroad.
Which kind of policy carries out the government purpose of protecting the nation from other countries?
Foreign
Which kind of policy carried out the government purpose of protecting the nation from other countries?
Foreign
What was the Indonesial Government policy to move Javanese to other islands in Indonesia called?
transmigration
What is policy diffusion?
the process of a policy being taken up,copied,implemented in other areas,fields,regions or sectors.imagine that a government decided to give its staff vouchers for a local gym to promote a healthy workforce.if this was widely seen as a good idea, a useful staff benefit,then perhaps staff in other industries might ask for similar benefits,other employers might copy this example as a recruiting tactic,it could gradually snowball.
