If a fiscal policy change is going to exert a stabilizing impact on the economy, policy must add stimulus to demand during a slowdown but it should restraint the demand during an economic boom.
Fiscal policy is the policy in which the government spending and taxation is used to influence the economy.
Governments generally use fiscal policy to promote strong as well as sustainable growth in the economy and reduce the poverty too.
The role and objectives of fiscal policy which gained importance during the recent global economic crisis is when the different governments stepped in to support financial systems.
Governments starts the growth, and also mitigate the impact of the crisis on vulnerable groups through the use of fiscal policy.
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Answer: B
Explanation: Are linked globally in ways that transcend national political boundaries
Answer:
la respuesta correcta es jdjfhf
Answer:
Equilibrium price=6
Equilibrium quantity=20
Explanation:
P=10-0.2Qd
P-10= -0.2Qd
Qd=p-10/-0.2
Qd=-5p+50
P=2+0.2Qs
P-2=0.2Qs
Qs=p-2/0.2
Qs=5p-10
(a)
Qs=Qd
5p-10= -5p+50
5p-10+5p-50=0
10p-60=0
10p=60
p=6
Equilibrium price=6
Equilibrium quantity
Qd=-5p+50
=-5(6)+50
=-30+50
=20
Qs=5p-10
=5(6)-10
=30-10
=20
Equilibrium quantity=20
(c) Graph has been attached showing the equilibrium price and quantity