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Yes, public debt can be considered one of the instruments of fiscal policy. Governments may issue debt to finance budget deficits, allowing them to spend beyond their current revenue. This can help stimulate economic growth during downturns or fund public investments, but it also leads to future obligations for repayment. The management of public debt is crucial for maintaining fiscal sustainability and economic stability.
What else can I help you with?
Current maturities of long-term debt?
Current maturities of long term debt means that portion of debt which is payable in current fiscal year.
What is the fiscal budget for this year?
The fiscal budget for the US in 2013 is an expected $2.9 trillion in revenue, with $3.8 trillion in expenditures. This will add $901 billion to the national debt.
Do most businesses remove Bad Debt expense from their books at the end of the fiscal calendar year?
yes
How much is Europe in debt?
I suppose you mean public (government) debt?The 27 countries in EU had a total public debt of 10.8 trillion USD in 2007, 58% of GDP. (Debt in Euro for 2007, converted to USD at today's exchange rate.)For comparison, USA had public debt of 11.2 trillion USD in June 2009, 81% of GDP.Public debt in Europe has presumably increased since 2007, as European governments have dealt with the financial crisis with public spending much like USA has. So the numbers given here aren't really comparable (Europe pre-crisis and USA post-crisis), but I couldn't find more recent data for Europe.Although as a first approximation, the level of public debt seems to be similar.See related links, including the list of countries by public debt (2008 data).
What will happen when the government collects more revenue than it spends?
When the government collects more revenue than it spends, it generates a budget surplus. This surplus can be used to pay down existing debt, invest in public projects, or save for future economic downturns. Additionally, a surplus can lead to lower interest rates and increased investor confidence, potentially stimulating economic growth. However, it can also raise questions about fiscal policy and the optimal use of excess funds.
What has the author Thomas F Cosimano written?
Thomas F. Cosimano has written: 'Optimal fiscal and monetary policy with nominal and indexed debt' -- subject(s): Debts, Public, Fiscal policy, Monetary policy, Public Debts
What has the author B C Thaker written?
B. C. Thaker has written: 'Fiscal policy, monetary analysis, and debt management' -- subject- s -: Debt, Fiscal policy, Monetary policy
Why there is need for public debt?
Need for public debt: During period of inflation and deflation it is a sound fiscal weapon.
Definition of the word fiscal?
Relating to taxation, public revenues, or public debt.
What has the author Willi Leibfritz written?
Willi Leibfritz has written: 'Steuerbelastung der Unternehmen der deutschen Werkzeugmaschinenindustrie im internationalen Vergleich' -- subject(s): Taxation, Automobile industry and trade, Case studies, Motor vehicles 'Fiscal policy, government debt, and economic performance' -- subject(s): Debts, Public, Economic indicators, Fiscal policy, Public Debts 'Taxation and economic performance' -- subject(s): Economic policy, Taxation, Fiscal policy
Which us president favored a strong fiscal policy?
Many Presidents favored a strong fiscal policy. Andrew Jackson was the only one who paid back the national debt. Bill Clinton was the last one to serve for a year in which the debt did not increase.
The government goes into debt to buy a large number of vehicles for the military?
Fiscal policy ;o
What is the meaning of debt brake?
A debt brake is a fiscal policy mechanism designed to limit the amount of public debt a government can accumulate. It typically establishes a rule or threshold for budget deficits, ensuring that spending does not exceed certain levels over an economic cycle. This approach aims to promote fiscal discipline, enhance financial stability, and maintain sustainable public finances. By controlling debt levels, it helps prevent excessive borrowing that could lead to economic instability.
What is a fiscal target?
A fiscal target is a specific goal set by a government or financial authority regarding its budgetary performance, often related to revenue, expenditure, or deficit levels. These targets aim to promote fiscal discipline, ensure sustainable public finances, and guide economic policy. Common fiscal targets include maintaining a balanced budget, limiting public debt to a certain percentage of GDP, or achieving specific revenue growth rates. By adhering to fiscal targets, governments can enhance their credibility and stability in the eyes of investors and the public.
What term does fiscal policy refer to is it a taxation or expenditures or disbursements or debts?
Fiscal policy refers to the government's use of taxation and expenditures to influence the economy. It encompasses how much the government collects in taxes and how much it spends on public services, infrastructure, and welfare programs. While it can involve disbursements, the primary focus is on the balance between tax revenues and government spending. Debt may be a consequence of fiscal policy decisions, but it is not the term itself.
Why is government fiscal policy important?
Fiscal policy adjusts the the levels of debt or taxation to carry out mandated government programs. It allows the government to derive a budget to provide the needed amount of funding to carry out its mission.
What fiscal policy was implemented in Spain during financial crisis?
During the financial crisis, Spain implemented a series of austerity measures as part of its fiscal policy to address the mounting public debt and deficit. This included significant cuts to public spending, reductions in social services, and increased taxes. The government aimed to restore investor confidence and stabilize the economy, but these measures also led to widespread public protests and increased unemployment. Overall, the austerity approach was controversial, as it sought to balance fiscal stability while managing the social impact of the cuts.
