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Who is higher a justice or chief judge?

A chief judge is higher.


Difference between fiscal boost and fiscal drag?

Fiscal Drag : Fiscal drag Fiscal drag refers to the effect inflation has on average tax rates. If tax allowances are not increased in line with inflation, and people's incomes increase with inflation then they will be moved up into higher tax bands and so their tax bill will go up. However, they are actually worse off because inflation has cancelled out their pay rise and their tax bill is higher. The only person that is better off is the Chancellor as he is getting more tax and hasn't had to increase tax rates. Chancellors have been known to use this as a subtle means to raise more tax revenue. To maintain average tax rates, allowances should be increased by the amount of inflation each year.


What is the definition of fiscal cliff?

the definition of fiscal cliff has to do with the taxes and now, in December of 2012, Obama said that the wealthy will pay more


Will there be any upcoming changes to income tax in the US?

The president just proposed higher taxes for the upcoming fiscal of 2011. Those changes only applies to higher income tax payers, which are families making more than $250,000 a year.


Contractionary policies are?

fiscal policies, like lower spending and higher taxes, that reduce economic growth


Contractionary policies are _____.?

fiscal policies, like lower spending and higher taxes, that reduce economic growth


What does fiscal mean?

Fiscal usually relates to matters of financial stature. Fiscal could also relate to taxes and government issues. The use of the word fiscal can be combined in conjunction with fiscal cliff, fiscal year, fiscal deficit, fiscal policy and fiscal parish.


When consumers have more disposable income and they are willing to pay higher prices for goods this drives up the prices in the market and causes a devaluation of the money supply. This is an example?

On what is fiscal policy centered


What is the reason for fiscal deficit in India?

The fiscal deficit in India is not fundamentally different from the fiscal deficit in any other country. The public always wants more government spending but they do not want more government taxes. The government attempts to oblige, by borrowing money. The result is a deficit.


Who will have a better fiscal year Google or Apple?

Apple Inc. will have a better fiscal year than Google because of their plan to sell more hardware.


What role does politics play in shaping the monetary and fiscal policies?

By making taxes higher and influencing interest rates.


Strongest tool of expansionary fiscal policy?

More public expenditure

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