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Fiscal policy and its objectives?
fiscal policy OBJ. in relation to taxation policy and expenditure policy
Strongest tool of expansionary fiscal policy?
More public expenditure
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 the relation between fiscal deficit and GDP?
Fiscal Deficit relates to Public Finance wherein the Revenues of the Government from Taxes Investments etc is lesser than the expenditure of the Government. This means that the Expenditures of the Government is more than the revenue the Government gets and it is called fiscal deficit which is met by borrowing from Public or printing currency to meet the Deficit while the GROSS DOMESTIC PRODUCT means the total of goods and services produced by the Country in a year. These goods when valued in money it becomes National Income GDP = C+I+G+(X-M) C stands for consumption by private and Government and Investments private Investments and Government Investments and X stands for exports and M for Imports. The Deficit will affect GDP and if there is more deficit then the GDP will rise as the Government migh t have involved in Plan Expenditures and if it is Non-Plan Expenditure then it will affect the GDP as this expenditure will not bring benefits to the Country.
What are the examples of Fiscal adequacy?
the source of revenue should be sufficient to meet the demands of public expenditure.. ---15---
Fiscal policy and its objectives?
fiscal policy OBJ. in relation to taxation policy and expenditure policy
Explain the difference between capital and revenue items of expenditure and income?
Capital expenditure are those the benefits of which will be taken for more than one fiscal year while for revenue expenditure benefits are only for one fiscal year.
What is the Difference between fiscal deficit and revenue surplus?
Budget for a fiscal year is a statement of revenue and expenditure of the government for the particular year. If the expenditure is more than the revenue for a particular year, then this difference is called the fiscal deficit. If the revenue is more than the expenditure for a particular year then this difference is called the excess revenue.
What do you mean by revenue expenditure?
Expenditure for which benefit is expected to be taken in one fiscal year from occurance of expenditure is called 'Revenue Expenditure" Expenditure for which benefit is expected to be taken for morethan once year is called 'Capital Expenditure'
Strongest tool of expansionary fiscal policy?
More public expenditure
What is called fiscal policy?
Fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy
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.
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.
Is depreciation revenue expenditure?
Yes depreciation is a revenue expenditure as it incurs every year to generate revenue and capital expenditure is that expenditure which is incurred for one time to earn revenue for more than one fiscal year.
What are the item's of capital expenditure and recurrent expenditure?
Recurrent or Revenue Expenditure are those expenditure the benefits of which are utilized by company in one single year and capital expenditure are those expenditure the benefits of which are utilized for morethan one fiscal year. Revenue expenditure Example: Inventory etc Capital Expenditure : plant, machinery, building etc.
What is the relation between fiscal deficit and GDP?
Fiscal Deficit relates to Public Finance wherein the Revenues of the Government from Taxes Investments etc is lesser than the expenditure of the Government. This means that the Expenditures of the Government is more than the revenue the Government gets and it is called fiscal deficit which is met by borrowing from Public or printing currency to meet the Deficit while the GROSS DOMESTIC PRODUCT means the total of goods and services produced by the Country in a year. These goods when valued in money it becomes National Income GDP = C+I+G+(X-M) C stands for consumption by private and Government and Investments private Investments and Government Investments and X stands for exports and M for Imports. The Deficit will affect GDP and if there is more deficit then the GDP will rise as the Government migh t have involved in Plan Expenditures and if it is Non-Plan Expenditure then it will affect the GDP as this expenditure will not bring benefits to the Country.
What are the examples of Fiscal adequacy?
the source of revenue should be sufficient to meet the demands of public expenditure.. ---15---
