Economic activity is controlled by federal, central, state and local governments. The budgeting process influenced economic policy. Due to high expenditure and taxation directly affect the public need in the economy. It affects the entire economy and incentives to work, taxes, benefits, expenditure, and income. due to the high complexity of government activity, the public has fallen with a cash budget. Government decision making makes a cash budget to become a burden. Federal tax flow back make restricting the economy use for the public.
How do local and federal legislation, policy, and the economy affect your cash budget decision?
How would a balanced budget amendment affect a decision by Congress to grant a tax cut during a recession? The government would have to make up the revenue either by raising taxes in a different area or cutting spending. The government would have to make up the revenue by either cutting taxes or increasing spending. The government would have to increase automatic stabilizers in the economy and reduce discretionary fiscal policy.
Do new polluting facilities affect housing values and income levels in a local economy? Research one new facility that has entered into a market and estimate how housing values and income levels have been affected. In your answer, make sure to evaluate the implications for the stakeholders involved and the incentives of creating the new facility for both the local economy and citizens. Also, make sure to provide the link and the research you have found concerning the polluting facility...
Explain the role of the Federal reserve bank in the US economy Discuss how the policy makers use Fiscal policy to achieve macroeconomic stability
Many people believe that the Federal Government should balance its annual budget just like households, businesses, and state and local government bodies. Explain why this might be a bad idea. Be sure to explain how fiscal policy affects the economy. Remember to include a reference about a cyclically adjusted budget.
How does a change in interest rate affect your decision to spend or save? How would a change in the interest rate affect a firm's decision to invest or save? How might an increase in the wage rate affect what you do with your time? Now describe a tradeoff you’ve made in terms of time or income.
How would a wealth tax and carbon tax at the same time affect economy using the Aggregate Demand and Aggregate Supply Model? How will the Price Level, Real GDP, and Employment be impacted in the short-run if this first most important policy decision was put into practice? How might the Price Level, Real GDP, and Employment be impacted in the long-run if this first most important policy decision was put into practice? Be detailed, specific, and clear.
How does the health of the economy affect your financial health? How healthy is the U.S. economy right now? On what measures do you base your judgements? How will your appreciation of the big picture help you I planning for your future?
Use of discretionary policy to stabilize the economy Should policymakers use monetary policy, fiscal policy, or both in an effort to stabilize the economy? The following questions address the issue of how monetary and fiscal policies affect the economy and the pros and cons of using these tools to lessen economic fluctuations. The following graph shows a hypothetical aggregate demand curve (AD), short-run aggregate supply curve (AS), and long-run aggregate supply curve (LRAS) For the economy in May 2020. According to the...
In a closed economy, how would each of the following events affect bond price and market interest rate? Use the figures of both bond market and market of loanable funds to illustrate the changes to the interest rates. The expected rate of inflation decreases. The federal government runs a budget deficit.
0 JO PUPU. You will write a policy paper on a piece of legislation (it can be either State or Federal), as it applies to and effects businesses. You may choose an existing piece of legislation and propose it be changed or amended in some way, or you may propose that the legislature act and draft a new law. You should state the problem that your proposal intends to address. Then, discuss how your proposal is going to address the...