Fiscal policies of state and local government are frequently pro-cyclical in that they worsen the economy.
What is a meaning of fiscal policy?
Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty.
What is the role of fiscal policy?
The role of fiscal policy. Fiscal policy can promote macroeconomic stability by sustaining aggregate demand and private sector incomes during an economic downturn and by moderating economic activity during periods of strong growth.
What are the effects of fiscal policy?
The direct and indirect effects of fiscal policy can influence personal spending, capital expenditure, exchange rates, deficit levels, and even interest rates, which are usually associated with monetary policy.
Learn more about Fiscal policy:
brainly.com/question/6583917
#SPJ4
Gaussian bit bff custard disown I c g by 6x HTC UFC
I have no idea to be honest
The Railroad industry!! :)
Answer:
$258,790
Explanation:
Bramble report as its December 31 inventory:
= Inventory in hand as per physical count + Goods purchased from P corporation under FOB shipping basis + Cost of goods sold to A company under FOB destination basis
= $216,300 + $22,720 + $19,770
= $258,790
Therefore, the amount to be reported by Bramble company is $258,790.