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- How will cuts in state budget spending affect federal expansionary policy?Based on the national saving and investment identity, what are the three ways the macroeconomy might react to greater government budget deficits?The U.S. government has shut down a number of times In recent history Explain how a government shutdown will affect the variables In the national Investment and savings identity Could the shutdown affect the government budget deficit?
- During the most recent recession, some economists argued that the change in the interest rates that comes about due to deficit spending implied in the demand and supply of financial capital graph would not occur. A simple reason was that the government was stepping in to invest when private firms were not. Using a graph, explain how the use by government in investment offsets the deficit demand.In a booming economy, is the federal government more likely to run surpluses or deficits? What are the various factors at play?When governments run budget deficits, how do they make up the differences between tax revenue and spending?
- 1. How did U.S. government responded to global health pandemic? What kind of steps have they taken? How did Federal Reserve responded to the recent health pandemic? Where is the Fed Funds rate as of today? Are there any other steps that can be taken by the government in terms of fiscal policies? Please elaborate.4. What is the different between Monetary Policy and Fiscal Policy? Short answer35) A government reduces its budget deficit, but at the same time people become concerned that the outlook for future government expenditures and revenues increase the chance it will default. Which of the following is correct. The reduced budget deficit will raise interest rates in general. The increased risk of default will raise interest rates on government bonds. a. The reduced budget deficit will raise interest rates in general. The increased risk of default will reduce interest rates on government bonds. The reduced budget deficit will reduce interest rates in general. The increased risk of default will raise interest rates on government bonds. The reduced budget deficit will reduce interest rates in general. The increased risk of default will reduce interest rates on government bonds. b. C. d.
- 12. As the outstanding debt of a nation becomes very large relative to the size of the economy, Group of answer choices -the borrowing cost of the government will decline. -lenders will have no choice but to hold the outstanding bonds and to buy the new ones as they are offered. -a country like the United States will have no choice but to default on the payments to bond holders. -if the country has a central bank, it will almost certainly resort to money creation to service the debt rather than directly default. Which is correct?44)Which of the following statements is most accurate regarding fiscal policy and monetary policy? Select one: a. Monetary policy can be changed more quickly than fiscal policy. Fiscal policy can be changed at any of the FOMC meetings and the smaller number of individuals involved makes it easier to change fiscal policy. b. Fiscal policy can be changed more quickly than monetary policy. Fiscal policy has much shorter delays due to the smaller number of legislators involved. c. Monetary policy can be changed more quickly than fiscal policy. Monetary policy can be changed at any of the FOMC meetings and the smaller number of individuals involved makes it easier to change monetary policy. d. Fiscal policy can be changed more quickly than monetary policy. Monetary policy has much longer delays due to the larger number of legislators involved.1. Austria runs a gov budget surplus, and it has a small debt to GDP ratio. This year, however, Austria is running a government budget deficit, and it is financing that deficit by selling government bonds.This year's government budget deficit is causing interest rates to (increase / decrease/ remain the same /change ambiguously) and the debt to (increase/ decrease /remain the same/ change ambiguously).2. Austria is predicted to return to a surplus position next year. If it is successful, interest rates will (increase / decrease/ remain the same /change ambiguously) and the debt will (increase /decrease/ remain the same/ change ambiguously).