Excluding crowding out and net exports other complications that the minister of finance should consider in the implementation of fiscal policy are current account deficit and exchange rate
1 Answers 1 viewsOther complications that the minister of finance should consider in the implementation of fiscal policy are current account deficit and exchange rate
1 Answers 1 viewsYes, indeed.
1 Answers 1 views(c) Expansionary fiscal policy
1 Answers 1 viewsFiscal policy influences the economy by controlling taxes and government spending. It impacts market of goods.On the other hand, monetary policy controls the money supply in the economy. Only the...
1 Answers 1 viewsConventional fiscal policy needs to be revised because of many reasons.Due to changing and dynamic economies conventional fiscal policies do not provide latest solutions to the economic problems that arise...
1 Answers 1 viewsAn expansionary fiscal policy packs less punch, whereas a contractionary strategy dampens economic activity less. Some economists think that these dynamics are so strong that any adjustment in fiscal policy...
1 Answers 1 viewsAn expansionary fiscal policy might include increase in government spending and/or reduced taxes while a contractionary fiscal policy might include decrease in government spending and/or increased taxes.
1 Answers 1 views(1) Expansionary fiscal policy
1 Answers 1 viewsIf the President and Congress would use a contractionary fiscal policy and an expansionary fiscal policy, then it couldn't be effective, because these policies are opposite to each other and...
1 Answers 1 views