Is an example of the time lag disadvantages of fiscal policies?

1 Answer

Answer :

state and local governments deciding to make spending cutsduring a recession

Related questions

Description : The policy that deals with the tax and expenditure policies of the Government is called – (1) Monetary Policy (2) Fiscal Policy (3) Credit Policy (4) Budgetary Policy

Last Answer : (2) Fiscal Policy Explanation: In economics and political science, fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy. The ... are government taxation and changes in the level and composition of taxation and government spending.

Description : Which of the following is an example of expansionary fiscal policy?

Last Answer : cutting taxes

Description : Which the following is an example of the use of fiscal policy by the U.S. government?

Last Answer : The department of transportation increases speong on highway repairs. just did this on apexs

Description : Which of the following is an example of fiscal policy (a) Change in interest rate (b) Change in tax rate © Controlling money supply (d) Manipulating bank rate

Last Answer : (b) Change in tax rate

Description : Explain the following concept with suitable example : Cultural Lag

Last Answer : Explain the following concept with suitable example : Cultural Lag

Description : Which of the following is an example of an error? a. Defalcation b. Misapplication of accounting policies. c. Suppression or omission of the effects of transactions from the records or documents. d. Recording of transactions without substance

Last Answer : Misapplication of accounting policies.

Description : After the first quarter of the fiscal year ends in 2014, with the rise of the federal minimum wage, what sort of price increases should we expect?

Last Answer : I expect that corporate profits will rise as those that pay minimum wage price-gouge and jack up prices by 30% to cover a 3% increase in costs. Remember how Papa John’s was going to jack up the price of a pizza far more than the 15 cents a pie it would take to cover the costs of Obamacare?

Description : What does it mean to be socialized, not in a fiscal manner, but in a cultural manner?

Last Answer : answer:Socialization mostly comes down to theory of mind skills: starting with the basic understanding that others have different perspectives than one's own, and from there being able to intuit what those ... that humans can do this out to 6 degrees. And all of this happens rather automatically.

Description : Should the US go off the fiscal cliff?

Last Answer : answer:If I were a betting man, I'd say the odds are that we won't go off the fiscal cliff. But it is very close. Things could easily go that way. It would give a lot of stupid politicians ... . Some future cliff or some pushed off cliff is not what I'm talking about. Just this most immediate one.

Description : How do you, personally, define "fiscal conservative" and "fiscal liberal"?

Last Answer : answer:My take, based on life in the 21st-century, and the fact that economic policies and political leanings often go hand-in-hand; A Fiscal Conservative wants to cut spending to any program ... doesn't. I consider myself a fiscal Moderate; I like paying the bills without mortgaging our future.

Description : Does trying an aged serial killer make good fiscal sense?

Last Answer : answer:Won’t help since he won’t live long enough for all th sentences. I’m not a big fan of death penalty because everyone deserves a second chance. Though for saving money he can be sentenced to fulfill his sentence at home [ eating his own money ]

Description : What is the best system to keep track of all department expenses for the fiscal year?

Last Answer : answer:How big is your department? A simple solution may be Google documents. I found that in the Spreadsheets section, you can now create online forms and then those connect to a spreadsheet. If ... or Take the Tour to see more information. I use Google Docs now for several administrative tasks.

Description : Which formulates fiscal policy? -Do You Know?

Last Answer : answer:

Description : Which formulates fiscal policy? -Do You Know?

Last Answer : answer:

Description : The author of the book Indian Fiscal Federalism ? -General Knowledge

Last Answer : Dr. Y.V. Reddy

Description : Distinguish between contractional fiscal policy and expansionary fiscal policy?

Last Answer : Contractional fiscal policy involves increasing taxes and decreasing government policy expenditure or both in order to fight inflationary pressures.Its accompanied by contractional monetray policies such as increasing ... and increasing money supply in the market thus making access to money easier.

Description : I was terminated from a job more than 10 years ago but was told that I could not get my 401k until the end of the fiscal year. The company has closed how can I obtain my funds?

Last Answer : Contact the administrator of the plan, not the your employer. Your quarterly reports will give you a contact number. If that company folded your plan would be taken by another company or held by the feds.

Description : Fiscal Policy?

Last Answer : An economy is a hard thing to try to control, and yet there are two important forces at work with exactly that aim. The U.S. government has in place two specific types of tools it can use to ... will have a positive effect on the economy. Check out my next post for a little bit on monetary policy.

Description : If government officials are calculating the amount of money the federal government borrows for one fiscal year, they are _____.?

Last Answer : calculating a budget deficit

Description : Which of the following is a contractionary fiscal policy?

Last Answer : The President and Congress pass a new 2-cent-per-gallon gasoline tax.

Description : All of the following are reasons why it is difficult to implement balanced fiscal policy except _____.?

Last Answer : the need for discretionary spending

Description : “Coordinating fiscal policy,” one of the five limits of fiscal policy, can be difficult because _____.?

Last Answer : state and local government policies might interfere with the intended outcome of federal policies

Description : What does fiscal policy involve?

Last Answer : spending levels and tax rates to monitor and influence a nation's economy

Description : During the fiscal year 2010-11 gross fixed capital formation or domestic investment was _____ A. 10.3% B. 11.11% C. 13.4% D. 14.7%

Last Answer : ANSWER: C

Description : During the fiscal year 2010-11 gross fixed capital formation or domestic investment was _____ A. 10.3% B. 11.11% C. 13.4% D. 14.7%

Last Answer : ANSWER: C

Description : How much amount has been allocated for Indian Railways for the fiscal year 2019-20? A. Rs. 65,587 crores B. Rs. 66,587 crores C. Rs. 64,587 crores D. Rs. 67,587 crores

Last Answer : C [Rs. 64,587 crores] Explanation: A capital expenditure programme of Rs 1, 58, 658 crore for Indian Railways has been announced by Finance Minister Piyush Goyal in the Railway Budget 2019.

Description : Recommendations to the President of India on the specific Union state fiscal relation are made by the- (1) Finance Minister (2) Reserve Bank of India (3) Planning Commission (4) Finance Commission

Last Answer : (4) Finance Commission Explanation: The finance commission made recommendations to the president of India on the specific union state fiscal relation.

Description : Variation in Cash Reserve Ratio and Open Market Operations are instruments of (1) Budgetary policy (2) Trade policy (3) Fiscal policy (4) Monetary policy

Last Answer : (4) Monetary policy Explanation: Bank Rate Policy, open market operations and variation of Cash Reserve Ratios, etc. are instruments of monetary policy. With the help of these instruments, the ... money, often targeting a rate of interest for the purpose of promoting economic growth and stability.

Description : Custom duty is an instrument of - (1) Monetary Policy (2) Foreign Trade Policy (3) Industrial Policy (4) Fiscal Policy

Last Answer : (2) Foreign Trade Policy Explanation: Custom duty is a tax on imports imposed on an ad valorem basis, i.e, fixed in the form of a percentage on the value of the commodity imported.

Description : Taxation is a tool of - (1) Monetary-policy (2) Fiscal policy (3) Price policy (4) Wage policy

Last Answer : (2) Fiscal policy Explanation: In economics, fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy. The two main instruments of fiscal policy are government taxation and expenditure.

Description : The 'Interest Rate Policy' is a component of - (1) Fiscal Policy (2) Monetary Policy (3) Trade Policy (4) Direct Control

Last Answer : (2) Monetary Policy Explanation: Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest for the ... . Monetary authorities in different nations have differing levels of control of economy-wide interest rates.

Description : The Cash Reserve Ratio is a tool of : (1) Monetary policy (2) Tax policy (3) Agricultural policy (4) Fiscal policy

Last Answer : (1) Monetary policy Explanation: Cash Reserve Ratio (CRR) is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves either in cash or as ... CRR is a crucial monetary policy tool and is used for controlling money supply in an economy.

Description : "Economics is what it ought to be" - This statement refers to - (1) Normative economics (2) Positive economics (3) Monetary economics (4) Fiscal economics

Last Answer : (1) Normative economics Explanation: Normative economics (as opposed to positive economics) is that part of economics that expresses value judgments (normative judgments) about economic fairness or what the ... statement would be, "We should cut taxes in half to increase disposable income levels".

Description : Deficit financing is an instrument of - (1) monetary policy (2) credit policy (3) fiscal policy (4) tax policy

Last Answer : (3) fiscal policy Explanation: In economics, fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy. The two main instruments ... financing in India means the expenditure which in excess of current revenue and public borrowing.

Description : Externality theory is the basic theory of the following branch of Economics: (1) Environomics (2) Fiscal Economics (3) International Economics (4) Macro Economics

Last Answer : (1) Environomics Explanation: In economics, an externality is a cost or benefit which results from an activity or transaction and which affects an otherwise uninvolved party who did not choose ... a classic case of an externality. Externality theory forms the basic theory of environmental economics.

Description : The principle of maximum social advantage is the basic principle of - (1) Micro Economics (2) Macro Economics (3) Fiscal Economics (4) Environmental Economics

Last Answer : (3) Fiscal Economics Explanation: The 'Principle of Maximum Social Advantage', introduced by British economist Hugh Dalton, is the fundamental principle of Public Finance which implies that all ... problems related to government taxation and spending, it comes under the domain of fiscal economics.

Description : What is the fullform of „FSDC‟ which is used in financial sectors? A. Financial Security and Development Council B. Financial Stability and Development Council C. Fiscal Security and Development Council D. Fiscal Stability and Development Council

Last Answer : B. Financial Stability and Development Council Explanation: Financial Stability and Development Council is an apex-level body constituted by the government of India. Chairperson: The Union Finance Minister ... , Additional Secretary, Ministry of Finance, DEA, will be the Secretary of the Council.

Description : When there is a difference between all receipts and expenditure of the Govt. of India, both capital and revenue it is called _______ A. Income Deficit B. Fiscal Deficit C. Budgetary Deficit D. None of the Above

Last Answer : C. Budgetary Deficit Explanation: A budget deficit occurs whenever a government spends more than it makes, which is nearly every year.Budgetary deficit is the difference between all receipts and expenses in both revenue and capital account of the government.

Description : Reserve Bank announced the cap under Market Stabilisation Scheme (MSS) which has been fixed at Rs 30,000 crore for the current fiscal. MSS was launched in the year A) 2001 B) 2006 C) 2005 D) 2004 E) None of these

Last Answer : D) 2004 Explanation: The scheme was launched in 2004.Under this scheme securities are issued with the objective of providing the RBI with a stock of securities with which it can intervene in the market for managing liquidity. These securities are issued not to meet the government‘s expenditure.

Description : Fiscal policy is concerned with which of the following? A. Public revenue and Expenditure B. Issue of Currency C. Export Import D. Population Control E. Education for all

Last Answer : A. Public revenue and Expenditure Explanation: Fiscal policy is the policy relating to government revenues from taxes and expenditure on various projects. Monetary Policy, on the other hand, is mainly concerned with the flow of money in the economy.

Description : The process by which the central bank of a country controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic ... A. Economic Policy B. Monetary Policy C. Fiscal Policy D. Credit Policy E. Budgetary Policy

Last Answer : B. Monetary Policy Explanation: Monetary Policy is the process by which monetary authority of a country, generally a central bank controls the supply of money in the economy by exercising its control over ... Bank of India (RBI). is so designed as to maintain the price stability in the economy.

Description : Which of the following is not one of the duties of the Commission on Audit a. Keep the general accounts of the government b. Promulgate accounting rules and regulations c. Define the scope of its audit and examination d. Assume fiscal responsibility for the government and its instrumentalities

Last Answer : Assume fiscal responsibility for the government and its instrumentalities

Description : With respect to the auditor's planning of a year-end examination, which of the following statements is always true? a. An engagement should not be accepted after the fiscal year-end. b. It ... . The client's audit committee should not be told of the specific audit procedures that will be performed

Last Answer : It is an acceptable practice to carry out substantial parts of the examination at interim dates

Description : When was the Fiscal Responsibility and Budget Management Act implemented? a) 1950 b) 1970 c) 1993 d) 2003

Last Answer : d) 2003 It was enacted in August 2003 that made it obligatory for the government to pursue a prudent fiscal policy through the institutional framework. The rules under FRBMA, 2003 were notified with effect from July, 2004

Description : The deliberate action of the government to stabilize the economy, as opposed to the inherent automatic stabilizing properties of the fiscal system, is known as a) Forced fiscal policy b) Manual fiscal policy c) Discretionary fiscal policy d) Automatic fiscal policy

Last Answer : c) Discretionary fiscal policy

Description : The idea that government's fiscal policy can be used to stabilize the level of output and employment can be attributed to which of the following economists: a) Frederich Hayek b) Ludwig von Mises c) Frederic Bastiat d) John Maynard Keynes

Last Answer : d) John Maynard Keynes John Maynard Keynes's 1936 book, 'The General Theory of Employment, Interest, and Money' laid the foundations for Macroeconomics

Description : When the fiscal deficit is high, what happens to prices

Last Answer : There is no direct impact on prices

Description : Asian Development Bank in its Outlook supplement has retained India's growth forecasts at 7.3% for the current fiscal (2018-19) and __ % for the following financial year (2019-20)

Last Answer : Vedangi Kulkarni

Description : The problem of small scale industries are related to which of the following a. Finance and credit b. Corruption c. Fiscal deficit d. Reduction in CRR

Last Answer : c. HSBC bank