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When does the government assume a contractionary fiscal policy position?
the government will spend less money than it earns by cutting its spending or raising its taxes
What describes a contractionary fiscal policy position?
The government spends less money than it earns by cutting its spending or by raising taxes. A+
Which is not an example of macroeconomics?
cutting state income taxes
What was the economic theory of Reaganomics that emphasized cutting taxes and government spending in order to stimulate investment productivity and economic growth by private enterprise?
Supply side economics
What ideas is a major element of trickle down economics?
Cutting taxes on businesses will encourage them to hire more workers
What does invest mean in government?
Invest, in government, means to use the taxes paid by its citizens. These can be in forms of purchases of equipment for government use, or government securities.
What were President Reagan's economic policies?
Low taxes and cutting government spending.
What was part of the agenda of southern Democrats?
Cutting taxes for landowners
What taxes do you pay when purchasing a house?
When purchasing a house, you may need to pay property taxes, transfer taxes, and possibly capital gains taxes if you sell the house for a profit.
When does the government assume a contractionary fiscal policy position?
the government will spend less money than it earns by cutting its spending or raising its taxes
What was part of the agenda of southern democrats-apex?
Cutting taxes for landowners
What describes a contractionary fiscal policy position?
The government spends less money than it earns by cutting its spending or by raising taxes. A+
How did Jefferson simplify the federal government?
by cutting costs whenever possible by reducing the size of the army by lowering expenses for government social functions by eliminating all internal taxes
What are the county taxes when purchasing a Colorado Springs home?
When purchasing a home in Colorado Srings, the county taxes depends on the type of home, size of lot and many other factors. The County Taxes are adjusted accordingly.
What is the total amount of taxes that need to be paid when purchasing a car?
The total amount of taxes that need to be paid when purchasing a car includes sales tax, registration fees, and any other applicable local taxes.
How does supply-side ecnomists argue that cutting taxes will benefit the economy?
Cutting taxes would result in more jobs, a more productive economy
Why do Democrats oppose tax cuts?
It is not so much that they oppose tax cuts. Instead, they fear program cuts. People have come to depend on certain government programs, and cutting taxes means cutting those programs.
