the structural portion of the federal budget is attributable to _____, while the cyclical portion of...
Homework Answers
Option A
When the federal budget deficit is persistent for a long time, this becomes a reflection of government's tax revenue and spending policies. Hence it is called its structural part. However, the cyclical part is directly related to business cycle where revenues are reduced during recessions and spending is increased in the form of unemployment insurances.
Add Answer to:
the structural portion of the federal budget is attributable
to _____, while the cyclical portion of...
The actual budget deficit is equal to the : a)structural deficit plus the cyclical deficit b)structural...
The actual budget deficit is equal to the : a)structural deficit plus the cyclical deficit b)structural deficit minus the cyclical deficit. c)cyclical deficit. d)structural deficit
Which of the following is true of the federal budget? a. The federal budget is a...
Which of the following is true of the federal budget? a. The federal budget is a plan that describes a government’s fiscal policy for the current financial year. b. The federal budget is a plan that describes the president’s take on the economy. c. The federal budget is a plan for federal government outlays and revenues for a specified period, usually a year. d. The federal budget is a plan that describes the eligibility criteria of the major entitlement programs...
6. When the Federal Reserve Bank changes the money supply and interest erve Bank changes the money supply and inter...
6. When the Federal Reserve Bank changes the money supply and interest erve Bank changes the money supply and interest rates to affect the economy, this is called and it's a policy. a fiscal policy, Keynesian b. growth policy: Classical c. monetary policy: Classical d. monetary policy, Keynesian 7. An example of a long run Classical policy to increase potential GDP is a. the Federal Reserve implementing monetary policy to get the economy out of recession b. the government subsidizing...
Check my answers please ?? MULTIPLE CHOICE. Choose the one alternative that best completes the statement...
Check my answers please ??
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) 1) The use of government taxes and spending to alter economic outcomes is known as A) Incomes policy Q) Monetary policy B) Foreign trade policy. D) Fiscal policy A- 2) 2) If full-employment output exceeds equilibrium output, greater deficit spending will result A) Smaller recessionary gap C) Smaller inflationary gap. B) Larger recessionary gap. D) None of the choices...
QUESTION 19 The cyclical deficit is the portion of the deficit created by business cycle fluctuations...
QUESTION 19 The cyclical deficit is the portion of the deficit created by business cycle fluctuations in GDP. that is the result of nondiscretionary federal spending the result of discretionary federal spending. that would exist if the economy were at potential GDP QUESTION 20 A subsidy paid to buyers to correct a market with a positive externality shifts the demand curve leftward. supply curve leftward. supply curve rightward. demand curve rightward.
3. The Federal Budget and Public Debt a.What is the difference between the budget deficit and...
3. The Federal Budget and Public Debt a.What is the difference between the budget deficit and the national (public) debt? b.Suppose the structural deficit is $50 billion, and the cyclical deficit is $30 billion. What is the actual budget deficit? c.In part b, does the economy have an inflationary gap or a recessionary gap? Explain. d.Why does a business downturn (recession) increase the size of the budget deficit?
If the Federal Reserve wants to lower the interest rate, it is called: O a) Fiscal...
If the Federal Reserve wants to lower the interest rate, it is called: O a) Fiscal policy. O b) Budget surplus. O c) Inflation. O d) Monetary policy.
31 The annual expression of fiscal policy in the light of current economic conditions. anticipated revenue,...
31 The annual expression of fiscal policy in the light of current economic conditions. anticipated revenue, expenditure and borrowing by the government in a year a) government budget b) discretionary fiscal policy c) stabilization policies d) government expenditure 32 Government macroeconomic policies aimed at full employment, price stability and balance a) government expenditure b) stabilization policies c) discretionary fiscal policy d) cyclical budget component 33 The main role of the Federal Reserve is to a) b) c) d) administer the...
Suppose the actual federal funds rate is equal to the rate implied by a particular inflation...
Suppose the actual federal funds rate is equal to the rate implied by a particular inflation goal. In this situation, the Taylor rule implies that monetary policy will tend to produce that inflation rate. monetary policy is contractionary. monetary policy is expansionary. fiscal policy will result in a balanced budget. Structural unemployment may result from all of the following factors EXCEPT union wage contracts. a higher minimum wage. improved college education. welfare and unemployment benefits.
1.Outline how counter cyclical fiscal policy and balanced budget fiscal policy would close a recessionary gap....
1.Outline how counter cyclical fiscal policy and balanced budget fiscal policy would close a recessionary gap. Be specific on goals, how each theory would achieve those goals, how they would close the gap, and potential negative effects. 2.According to monetary policy, explain how the Bank of Canada would react to a recession. Be specific on goals, how they would achieve those goals, how they would close the gap, and potential negative effects. 3.Please describe how the PPC curve represents scarcity,...
6. When the Federal Reserve Bank changes the money supply and interest erve Bank changes the money supply and interest rates to affect the economy, this is called and it's a policy. a fiscal policy, Keynesian b. growth policy: Classical c. monetary policy: Classical d. monetary policy, Keynesian 7. An example of a long run Classical policy to increase potential GDP is a. the Federal Reserve implementing monetary policy to get the economy out of recession b. the government subsidizing...
Check my answers please ??
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) 1) The use of government taxes and spending to alter economic outcomes is known as A) Incomes policy Q) Monetary policy B) Foreign trade policy. D) Fiscal policy A- 2) 2) If full-employment output exceeds equilibrium output, greater deficit spending will result A) Smaller recessionary gap C) Smaller inflationary gap. B) Larger recessionary gap. D) None of the choices...
QUESTION 19 The cyclical deficit is the portion of the deficit created by business cycle fluctuations in GDP. that is the result of nondiscretionary federal spending the result of discretionary federal spending. that would exist if the economy were at potential GDP QUESTION 20 A subsidy paid to buyers to correct a market with a positive externality shifts the demand curve leftward. supply curve leftward. supply curve rightward. demand curve rightward.
If the Federal Reserve wants to lower the interest rate, it is called: O a) Fiscal policy. O b) Budget surplus. O c) Inflation. O d) Monetary policy.
31 The annual expression of fiscal policy in the light of current economic conditions. anticipated revenue, expenditure and borrowing by the government in a year a) government budget b) discretionary fiscal policy c) stabilization policies d) government expenditure 32 Government macroeconomic policies aimed at full employment, price stability and balance a) government expenditure b) stabilization policies c) discretionary fiscal policy d) cyclical budget component 33 The main role of the Federal Reserve is to a) b) c) d) administer the...
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 11 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 11 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 11 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 11 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 11 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 11 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 11 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 11 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 11 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 11 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 11 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 11 months ago