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What terms best represents the process of obtaining revenue through taxation and the subsequent spending of the tax dollars in order to operate the government?
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Is GDP connected to government spending?
Yes, government spending is included in the expenditures calculations of GDP.
Why is it difficult for the federal government to increase or decrease spending?
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
What influences government spending?
the macroeconomic objectives being pursued by the government will greatly influence government spending . a government aiming to reduce employment and promote economic growth is likely to pursue an expansionary fiscal policy , thus increasing government spending where as a government aiming to control inflation is likely to follow a contractions policy thus reducing its spending.
What is the appropriate measure of government s involvement in economic activity?
it is the share of government spending in total spending in the economy
Is all government spending counted in GDP?
no
Which of the following terms best represents the process of obtaining revenue through taxation and the subsequent spending of the tax dollars in order to operate the government?
fiscal policy
What term represents the process of obtaining revenue through taxation and the subsequent spending of the tax dollars in order to operate the government?
I believe the term that you are looking for is budgeting. Whatever government you are dealing with be it Federal, State, or local, each one will have to develop a budget with their income and expenses showing so that they can come up with the amount of taxes that must be levied to develop the revenue needed to run the government.
What term represents the amount of money the government is spending over what if is receiving in taxes?
deficit
This term represents the amount of money the government spending over what it is receiving in taxes?
deficit
What term represents the amount of money the government is spending over what it is receiving in taxes.?
deficit
This term represents the amount of money the government is spending over what it is receiving in taxes.?
deficit
Can a government spending multiplier be a value of less than 1?
Quite simply, no. The Spending multiplier, even on government spending, will always have a value of greater than one. It really is self-evident; for that money to be subjected to a multiplier, it must be circulating multiple times, therefore the first circulation (the initial spending) would result in a multiplier of one, and subsequent spends would increase the multiplier further
Which statement represents a view of an opponent of the social safety net?
People deserve to be protected from serious poverty.
Does the spending of firms represents household income?
yes
Is GDP connected to government spending?
Yes, government spending is included in the expenditures calculations of GDP.
Why is it difficult for the federal government to increase or decrease spending?
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
What influences government spending?
the macroeconomic objectives being pursued by the government will greatly influence government spending . a government aiming to reduce employment and promote economic growth is likely to pursue an expansionary fiscal policy , thus increasing government spending where as a government aiming to control inflation is likely to follow a contractions policy thus reducing its spending.
