All categories

4 years ago

How does the government typically change fiscal policy to try to improve the u.s. economy during a recession?

Business

2 answers:

vodomira [7]4 years ago

8 0

By lowering taxes on business and individuals. APEX.

Pie4 years ago

4 0

Fiscal policy allows the government to adjust taxes and government spending during times of recession and in times when the economy is doing really well. During a recession the government will often lower taxes and interest rates and increase government spending in order to boost the economy. When the economy is going well, tax rates and interest rates will be increased and government spending will be slashed in order to create a surplus for harder times when the government needs to spend more.

You might be interested in

Jose and Zola want to purchase their first home. Jose makes $23.50 an hour and works 40 hours per week. Zola makes $21.50 an hou

vovangra [49]

Answer:

$1,411.25

Explanation:

The computation of the combined gross monthly income is shown below:

The earnings of Jose = $23.50 × 40 hours = $940

And, the earnings of Zola is

= $21.50 × 40 hours + 5 hours × $21.50

= $860 + $161.25

The total earnings is

= $940 + $860 + $161.25

= $1,961.25

And, the expenses are

= $500 + $50

= $550

So the combined gross monthly income is

= $1,961.25 - $550

= $1,411.25

7 0

3 years ago

If in response to an increase in government spending of $25 billion, equilibrium output rises by a total of $125 billion, then t

lbvjy [14]

1/1-MPC = 10,MPC=9/10

4 0

4 years ago

6 reasons why SWOT analysis is important to a new medical office?

Andrej [43]

It helps the business identify strengths and weaknesses. It helps to capitalize on the weaknesses and turn them into strengths. It also allows for the business to do the same with its strengths. It helps the business address and focus on goals for the future. It helps the business identify and stop threats. Finally, it allows the business identify and capitalize on the opportunities available to them.

5 0

3 years ago

Marigold Corp. purchased a truck at the beginning of 2020 for $109700. The truck is estimated to have a salvage value of $4200 a

jeka57 [31]

Answer:

the depreciation expense of the year 2020 is $18,870

Explanation:

The computation of the depreciation expense of the year 2020 is as follows:

= (Truck value - salvage value) ÷ (useful life) × (driven miles)

= ($109,700 - $4,200) ÷ (123,000 miles) × (22,000 miles)

= $18,870

Hence, the depreciation expense of the year 2020 is $18,870

6 0

3 years ago

What are two types of financial exchange

Stolb23 [73]

Credit card (Digital) and (physical) Which is with cash

3 0

3 years ago