Question and answer
How does the federal government implement its fiscal policies? Given economic conditions today, do you suggest expansionary fiscal policy or contractionary fiscal policy? How would your suggestions affect production and employment? Why?
The federal government implements fiscal policy utilizing its many legislative venues, each State has its own legislators that set fiscal policy for each of their own States, [ the Federal government has the senate and house to set its fiscal policies with the President approving laws passed by the combined Senate and House of Representatives. The government has implements its fiscal policies
via automatic controls and legislative changes. Automatic controls are ones that do not have to be voted on. These policies, such as; unemployment insurance and progressive taxes are already in place and have the most affect on the short-run changes in economic business cycles by dampening the rising or decreasing of income and spending. Whereas the legislative policy changes involving taxes or spending take time to write, be voted on and then implemented. The problem with these policies is the possible over-correction for a temporary fluctuation in the market. For today’s market, I would have chosen an expansionary policy that was cognizant of the potential recovery and reduced the targeted levels. Taking into consideration how the automatic controls operate to keep the peaks and valleys down to small hill and dales. Increases in the government spending coupled with tax cuts will result in an increase in overall incomes as more jobs become available. These increases will increase production and employment to meet the aggregate demand. In the business cycle, this will result in an increase in consumer spending which will result in an increase in prices that will then start the cycle of restricting purchases due to the lower purchasing power of the consumer’s money. ]
Expert answered|patmarone|Points 201|
Question
Asked 7/5/2011 9:18:09 AM
0 Answers/Comments
Ask a question
Not a good answer? Get an answer now. (FREE)
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Explain, from a physiological standpoint, how eating disorders may lead to health problems. Provide at least three examples to support your answer. Be sure to cite your sources.
Weegy: There are many men and women suffering with all types of Eating Disorders that do not appear in any specific weight range. Those with Anorexia can be slightly overweight... while those with Compulsive Eating can be slightly underweight. [ Variations for all who suffer can be anywhere from extremely underweight to extremely overweight to anywhere in between. The outward appearance of anyone with an Eating Disorder does NOT dictate the ... (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 6/28/2011 8:42:17 PM
0 Answers/Comments
Which would have a bigger impact on the economy: Increasing Government Spending or Decreasing Taxes? Explain your answer.
Weegy: If government spending increases, then the GDP(total demand) increases. Decreasing taxes, the government affects household's level of disposable income. [ Disposable income is the main factor driving consumer demand, which account for two-thirds of total demand. Decreasing taxes can weaken the economy as it affects economic growth. ] (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 7/5/2011 9:34:42 AM
0 Answers/Comments
tracing the nutrition needs of both a man and a woman throughout the various stages of life. · Address the nutritional needs for the following: o Infants o Teenagers o Adults o Older adults
Weegy: Children generally need different nutrients than older individuals. Listing the specific needs of each group would be impossible in a short answer format, but basically, infants need more magnesium, calcium, and carbohydrates. [ Teenagers need slightly less calcium and carbs and more vitamin D. Adults need a well-rounded dosage of many vitamins and minerals. Older adults begin to need calcium, vitamin D, and magnesium again. All age ... (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 7/5/2011 4:26:42 PM
0 Answers/Comments
Assume the government is running a budget deficit. Should the government raise taxes to balance the budget? Should the government decrease spending to balance the budget? What are the pros and cons of each action?
Weegy: Many people will not be happy with increased taxes, especially because they are at an all time high. I think that cutting spending is a better option because the government funds many unnecessary programs. (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 7/7/2011 8:01:26 PM
0 Answers/Comments
what are you more aware of now when making food choices?
Weegy: I pretty much pay attention to how much fat, calories, and sugar is in the food I'm eating. (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 7/7/2011 10:08:50 PM
0 Answers/Comments
Home | Contact | Terms | Privacy | Social | ©2013 Purple Inc.
Ad
Popular Conversations
which life stage does nutritional issue might cause the most problems ...
Weegy: Malnutrition is a common problem in cancer patients that has been relief from nutrition impact symptoms and ...
4/19/2014 1:18:55 AM| 5 Answers
Pax Romana lasted from the reign of
Weegy: Pax Romana lasted from the reign of: Marcus Aurelius.
4/19/2014 4:45:15 PM| 3 Answers
Energy from sunlight is harmful to our skin.
4/19/2014 4:02:26 AM| 2 Answers
Helen's sign for her mother was touching her hand to her
Weegy: forehead User: The students at Perkins Institute sent Helen a(n): Weegy: The students at Perkins Institute ...
4/19/2014 7:05:08 AM| 2 Answers
(3+ (6)) (6+ 5)=
Weegy: (3+6)(6+5) 9 + 11 = 20
4/19/2014 8:54:53 AM| 2 Answers
( 7- 10)2- 630
4/19/2014 12:22:32 PM| 2 Answers
As temperature increases, the speed of ...
Weegy: No, it decreases because when temperature is low water is present in atmosphere which let sound to go fast
4/19/2014 1:04:54 PM| 2 Answers
Weegy Stuff
S
L
P
C
L
P
C
Points 1562 [Total 6949]| Ratings 0| Comments 1562| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
Points 1453 [Total 9334]| Ratings 0| Comments 1453| Invitations 0|Offline
S
1
L
1
L
P
Points 480 [Total 7157]| Ratings 1| Comments 470| Invitations 0|Offline
S
L
Points 429 [Total 2876]| Ratings 2| Comments 399| Invitations 1|Offline
S
R
Points 175 [Total 287]| Ratings 5| Comments 105| Invitations 2|Offline
S
Points 163 [Total 579]| Ratings 0| Comments 163| Invitations 0|Offline
S
Points 156 [Total 156]| Ratings 6| Comments 76| Invitations 2|Offline
S
1
Points 154 [Total 484]| Ratings 3| Comments 124| Invitations 0|Offline
S
L
1
1
1
Points 145 [Total 3411]| Ratings 6| Comments 85| Invitations 0|Online
S
Points 141 [Total 785]| Ratings 1| Comments 131| Invitations 0|Offline