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3 years ago

The government increases taxes. What might be a reason for this change in fiscal policy?

2 answers:

Crank3 years ago

8 0

A; a deficit due to improving nationwide public transportation. Surplus in this case means that we have left over money.

morpeh [17]3 years ago

7 0

Answer:

A deficit due to improving nationwide public transportation

Explanation:

Fiscal policy is the instrument by which the government collects taxes to use resources in areas that require public investment. When the government spends more than it collects, there is a deficit. To finance this deficit, one of the government's alternatives is to raise taxes. On the contrary, when the government spends less than it collects, there is a surplus. In this case, the government could lower taxes.

In the case narrated, the government raises taxes. Therefore, this is feasible to cover the public account deficit. Fiscal faith only refers to direct government spending in areas of public interest, such as transportation, education, health, welfare, and so on. The relationship between the government and the financial market is not considered in the fiscal deficit, it is separated into another specific account. Therefore, the only correct alternative is that the government has raised taxes to cover the fiscal deficit of transport infrastructure spending, which is a sector that requires direct government investment.

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Answer:

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Explanation:

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Imagine you are a consultant who has been asked to summarize the strengths and weaknesses of Agoria, a nation with a pure market

Marta_Voda [28]

Answer:

Two weaknesses as consultant can be identify: The economy experiences economic fluctuations, and people with no resources to sell could starve

Explanation:

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Discuss at least one advantage and one disadvantage of increasing the minimum wage. consider this action’s impact on the company

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A minimum wage can purpose advantage and disadvantage price-push inflation.elevating wages reduces expensive employee turnover and will increase productivity.

Elevating the federal minimal wage to an hour is a coverage purpose for many lawmakers. growing the minimal salary is expected to lift people out of poverty and enhance work ethic, however, it also comes with many feasible negative implications, which include inflation and a loss of jobs.Elevating the federal minimal wage may even stimulate customer spending, help corporations' bottom lines, and grow the financial system it might additionally raise the overall financial system by using producing extended patron demand.

Elevating wages reduces expensive employee turnover and will increase productivity. while the minimal salary is going up, employers can obtain such benefits without being positioned at a competitive disadvantage, because all groups of their field are required to do the identical.

A minimum wage can purpose price-push inflation. this is because corporations face an growth in charges that are in all likelihood to be passed on to clients. that is even more likely if wage differentials are maintained.

Learn more about wage here:-brainly.com/question/26699459

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2 years ago