Question

Ceteris paribus major fiscal policy decisions in the U.S. is more of a reflection of political...

Ceteris paribus major fiscal policy decisions in the U.S. is more of a reflection of political ideologies than economic fairness.

TRUE OR FALSE

Homework Answers

Answer #1

The given statement is true especially the current trade scenarios and economic reforms where the existing tax policies with the countries that United States is not having a reform and also the stimulus package that benefits the companies as a result of which we can still survive is actually more of a political ideology based on the central structure of capitalist society and the American economy can function better is a reflection of the given statement.

Therefore 'True' is the answer to this question

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The United States’ major trading partner is Canada. Ceteris paribus, explain what will happen (and why...
The United States’ major trading partner is Canada. Ceteris paribus, explain what will happen (and why it will happen) to the value of the U.S. dollar if each of the following events occur: A. Canada reduces tariffs on goods imported from the U.S. B. The U.S. decreases its money supply. C. The U.S. reduces taxes and increases government spending. D. Canadian residents choose to buy goods produced in Canada instead of goods produced in the U.S.
Is monetary policy or fiscal policy more important in achieving the U.S. national policy objectives?
Is monetary policy or fiscal policy more important in achieving the U.S. national policy objectives?
Fiscal policy is used not only to influence economic activity but also for political purposes. Discuss...
Fiscal policy is used not only to influence economic activity but also for political purposes. Discuss the above by referring also to how the size of government of Malta evolved over the decades. (not less than 1000 words)
Evaluate the importance of each major step in policy analysis as it relates to political choice....
Evaluate the importance of each major step in policy analysis as it relates to political choice. Next debate if one would consider any of these steps more important than another. Provide a rationale to support your answer.
Fiscal policy would be more effective than monetary policy during a typical recession and financial crisis....
Fiscal policy would be more effective than monetary policy during a typical recession and financial crisis. Why?
Explain why the timing of fiscal policy may be more difficult than the timing of monetary...
Explain why the timing of fiscal policy may be more difficult than the timing of monetary policy.
1. A. A major recession is looming. Turning to discretionary fiscal policy, Congress might vote to...
1. A. A major recession is looming. Turning to discretionary fiscal policy, Congress might vote to __________(what?)________________? B. The economy is at very low unemployment rates and inflation rates are increasing. Turning to discretionary fiscal policy, Congress might vote to _____________(what?)___________________. 2. If Government Spending increases by $100 B and we're operating on the flat ("Keynesian") range of Aggregate Supply, will real GDP increase by (a) less than $100B, (b) $100 B, or (c) more than $100 B? (a multiple...
The 9-11 Tragedy deepened our 2001 recession. What type of fiscal policy did the U.S. Congress...
The 9-11 Tragedy deepened our 2001 recession. What type of fiscal policy did the U.S. Congress and the President carry out? Think about and discuss what economic factors led to continuous federal deficits during George W. Bush Administration.
12. Monetary policy can prevent major business swings, reduce the uncertainty in long-term contracts, and eliminate...
12. Monetary policy can prevent major business swings, reduce the uncertainty in long-term contracts, and eliminate monetary instability as a source of economic instability. True or False A sale of government bonds to the public bu the FRS will increase the rate of growth of the money supply. True or False
Fiscal policy is more effective in affecting economic activity if: A. Many resources are unemployed B....
Fiscal policy is more effective in affecting economic activity if: A. Many resources are unemployed B. There is a real shock instead of an aggregate demand shock C. The economy returns to its long-run potential growth rate almost immediately D. There is a long implementation lag