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The Phillips curve actually does not technically exist, although a modified, expectations Phillips curve does hold empirically. Moreover, the curve demonstrates a trade-off between unemployment and inflation. Essentially, the premise is that fiscal policy cannot solve inflation and unemployment. However, the curve does not hold after the 1960s, and many case studies show fiscal policy can solve both issues to a degree, or at least increase both at the same time.
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Fiscal policy and its objectives?
fiscal policy OBJ. in relation to taxation policy and expenditure policy
Who regulate the Fiscal Policy of India?
The president regulates the fiscal policy of India.
What is the meaning and objectives of Fiscal policy?
Fiscal policy is how the government taxes and spends money. The objective of fiscal policy is to influence the economic activity of the governmentâ??s country.
What are the limits to fiscal policy?
The limits to fiscal policy are difficulty of changing spending levels, predicting the future, delayed results, political pressures and coordinating fiscal policy.
What is the aim of Fiscal policy?
One of the major uses of government fiscal policy is to create stability in the economy. To curb inflation would be another use of fiscal policy.
“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
Fiscal policy and its objectives?
fiscal policy OBJ. in relation to taxation policy and expenditure policy
All of the following are reasons why it is difficult to implement balanced fiscal policy except _____.?
the need for discretionary spending
What is fiscal policy centered on?
Fiscal policy is a policy centered on ideas and research.
Who controls fiscal policy?
The president and congress together control the fiscal policy.
Who regulate the Fiscal Policy of India?
The president regulates the fiscal policy of India.
Is instruments of fiscal policy and tools of fiscal policy the same thing?
Yes these are same................
The economic policy that manages the business cycle by changing government spending is called .?
fiscal policy
What is the meaning and objectives of Fiscal policy?
Fiscal policy is how the government taxes and spends money. The objective of fiscal policy is to influence the economic activity of the governmentâ??s country.
What are the limits to fiscal policy?
The limits to fiscal policy are difficulty of changing spending levels, predicting the future, delayed results, political pressures and coordinating fiscal policy.
What is the aim of Fiscal policy?
One of the major uses of government fiscal policy is to create stability in the economy. To curb inflation would be another use of fiscal policy.
How could monetary policy could conflict with fiscal policy in trying to resolve stagflation?
They could conflict because of differing ideas on what will resolve stagflation. The fiscal policy may be spending money to meet the programs for the government. The monetary policy may be trying to decrease business involved in the fiscal policy. Actions meant to lower inflation may worsen the stagflation. It is sometimes difficult to reverse stagflation once it has begun.
