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All what are reasons why it is difficult to put balanced fiscal policy into practice exept?
Wiki User
∙ 9y ago
This cannot be answered correctly. You will have to give me some choices to choose from.
Wiki User
∙ 9y ago
Wiki User
∙ 10y agothe need for discretionary policy :)
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Why it is difficult to implement balanced fiscal policy?
Fiscal policies are used by the government to help manage the economy. A balanced fiscal policy means the same level of expenditure vs. revenue. So if there is more money, it means more expenses. This can seriously affect regular individuals as well as small and large businesses.
What is fiscal consolidation?
Fiscal consolidation is a policy aiming at reducing fiscal deficit of government .
Fiscal policies deal with?
Fiscal policies deal with finances usually budgets.
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.
Features and effectiveness of fiscal policy?
features of fiscal
All of the following are reasons why it is difficult to implement balanced fiscal policy except _____.?
the need for discretionary spending
Why it is difficult to implement balanced fiscal policy?
Fiscal policies are used by the government to help manage the economy. A balanced fiscal policy means the same level of expenditure vs. revenue. So if there is more money, it means more expenses. This can seriously affect regular individuals as well as small and large businesses.
Why is it difficult to balance fiscal policy?
Fiscal policies are used by the government to help manage the economy. A balanced fiscal policy means the same level of expenditure vs. revenue. So if there is more money, it means more expenses. This can seriously affect regular individuals as well as small and large businesses.
“Coordinating fiscal policy,” one of the five limits of fiscal policy, can be difficult because _____.?
state and local government policies might interfere with the intended outcome of federal policies
What are the Reasons for fall in money value?
Changes in fiscal policy Inflation rate Interest rate
Why does a business need to be consistent in the fiscal period it uses for its financial reports?
A business needs to be consistent in the fiscal period it uses for financial reports for purposes of comparison and accuracy. If the fiscal period changes, then it is difficult to compare the business's performance across different periods.
What are the two things the government does that fall under fiscal policy?
The term fiscal policy is used to describe an economic practice by the government. The two things the government does that fall under this policy is the process of collecting taxes and the management of spending.
What does fiscal mean?
Fiscal usually relates to matters of financial stature. Fiscal could also relate to taxes and government issues. The use of the word fiscal can be combined in conjunction with fiscal cliff, fiscal year, fiscal deficit, fiscal policy and fiscal parish.
What is full form of FISCAL?
fiscal
What is fiscal duties?
What is fiscal duty?
What is fiscal consolidation?
Fiscal consolidation is a policy aiming at reducing fiscal deficit of government .
What is the difference between fiscal and non fiscal metering?
The difference between fiscal & non-fiscal metering is when the measurement value is relevance to money.
