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The most important element in sound and effective public fiscal administration is to maintain a debt free situation. As an aside, another issue of importance is to insure that there is a tax base to support public funding. A base strong enough to not require borrowing.

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What is the interaction between fiscal and monetary policy?

Fiscal policy chooses government expenditure and taxes. Monetary policy chooses interest rates to reach a set inflation target and minimise the output gap. The interaction in where fiscal authorities chooses a level of government expenditure that is not consistent with its steady state. This effects the output gap/inflation and thus interest rates, hence the interaction.


In what stage does economist believe that sound fiscal and monetary policy can reduce the amount of time the economy is in of the business?

Economists believe that sound fiscal and monetary policy can reduce the duration of a recession stage in the business cycle. By implementing measures such as increased government spending or lowering interest rates, these policies can stimulate demand, encourage investment, and boost consumer confidence. This proactive approach can help shift the economy more quickly from contraction to recovery, minimizing the overall impact of the downturn.


What are the characteristics of the sound system tax in the Philippines?

FAT 1. Fiscal adequacy- it must be adequate to support the needs of the government. 2. Theoretical justice- in consonance with the constitutional provisions that the rule of taxation must be equitable ( burden falls on those better able to pay), and uniform. Further it must be progressive ( tax rate increases depending upon the resources of the person affected. 3. Administrative feasibility- musst be capable of effective and efficient enforcement.


What do you do if you have diarrhea in public?

Run to the bathroom and start coughing to cover up the sound of you taking a watery dump. Also keep cologne or perfume on u to cover up the smell!! (=


What is sound budgeting?

Budgeting that determines the costs and expenses put towards sound. whatever that may be.

Related Questions

Why there is need for public debt?

Need for public debt: During period of inflation and deflation it is a sound fiscal weapon.


Basic principle of sound tax system?

(1) Fiscal adequacy - means that the sources of revenues should be sufficient to meet the demand of public expenditures.(2) Equality or theoretical justice - means that the tax burden should be in proportion to the taxpayer's ability to pay. (ability-to-pay principle). (3) Administrative feasibility - means that tax laws should be capable of convenient, just and effective administration.


What is Fiscal Law Philosophy?

Fiscal law philosophy refers to the principles and beliefs that guide the management and regulation of government finances. It involves establishing sound fiscal policies, ensuring transparency and accountability in financial operations, and balancing revenues and expenditures to promote overall economic stability. The philosophy aims to safeguard public funds, promote responsible spending, and maintain the long-term financial health of a country or organization.


What are the 2 primary levels of air force risk management?

The two primary levels of the air force risk management are fiscal and moral. There is a fiscal responsibility to enhance the bottom line with sound safety practices, and a moral obligation to protect lives and the environment.


Sound is to slience as effective is to?

accusation


Where is the Hobe Sound Public Library in Hobe Sound located?

The address of the Hobe Sound Public Library is: 10595 S.E. Federal Highway, Hobe Sound, 33455 4915


What is the phone number of the Hobe Sound Public Library in Hobe Sound?

The phone number of the Hobe Sound Public Library is: 772-546-2257.


What did the federalists believe in?

The federalist wanted a strong nationalistic US with a sound fiscal policy. They called for a national bank, tariffs, and increased relations with the British crown.


How effective is a sound reducing door in minimizing noise transmission between rooms?

A sound reducing door can be effective in minimizing noise transmission between rooms by blocking or absorbing sound waves, resulting in a quieter environment.


How many decibels of sound can cardboard hold?

Cardboard is not typically used to hold sound. It is not an effective material for soundproofing or sound insulation.


How effective is the dishwasher sound insulation in reducing noise levels during operation?

The dishwasher sound insulation is effective in reducing noise levels during operation by absorbing and dampening the sound produced by the machine, making it quieter overall.


How effective are sound dampening sheets in reducing noise levels in a room?

Sound dampening sheets can be effective in reducing noise levels in a room by absorbing and blocking sound waves, thus reducing echoes and overall noise levels.