Which fiscal policy should congress adopt to avoid

Assignment Help Microeconomics
Reference no: EM133366885

Question: Imagine the federal government has a national debt of $12.6 trillion. Congress's budget for the coming year includes a spending projection of $5.1 trillion. Tax revenue is expected to be $4.8 billion. Which fiscal policy should Congress adopt to avoid increasing the national debt?

Reference no: EM133366885

Questions Cloud

What are the key considerations - the competing policy : What are the key considerations - the competing policy objectives - involved in government's regulation of corporate concentration?
Is indonesia a country that is a suitable place for canadian : Is Indonesia a country that is a suitable place for Canadian business expansion, import/export, or direct investment? The conclusion should be supported
Discuss oxygen delivery systems and when they are used : Discuss oxygen delivery systems and when they are used?
How confident do you feel about analyzing factors pertinent : How confident do you feel about analyzing factors pertinent to making the most effective drug selection for a patient with a specific diagnosis in the primary
Which fiscal policy should congress adopt to avoid : Tax revenue is expected to be $4.8 billion. Which fiscal policy should Congress adopt to avoid increasing the national debt
What diagnosis would be most appropriate for olivia : what diagnosis would be most appropriate for Olivia? What diagnostic testing would be implemented for Olivia? What should be the nurse practitioner's first-line
What are ones chances of winning if the babies : What are one's chances of winning if the babies are all equally cute and the reader must correctly pick a. all 10 places in order? b. the first 5 places in orde
Identify which musical characteristics used : identify which musical characteristics (think Module 1) used in the specific work from the Chapter you selected contribute to your sense of this being
How to perform the testing maneuvers : understand the indications for plethysmography and spirometry testing understand the contraindications to PFT Understand the difference between obstructive

Reviews

Write a Review

Microeconomics Questions & Answers

  Describe big is us national debt

Describe how big is US national debt and describe its history? There seems to be a surge in national debt during the GW Bush and Obama administrations.

  Explain the impact of external costs and external benefits

The question is related to economics and it is explain about externalities affecting resource allocation, public goods and their implication on the profit of a firm have been answered.

  How creativity connect to entrepreneurship and innovation

How did the student explain the connection of creativity to entrepreneurship and innovation? University of South Florida.

  How great employers select and take care of their talent

What can the company do to improve its overall compensation, benefits and professional development practices to enhance the staff's overall effectiveness in meeting the mission and needs of the company?

  Events in the us airways and american airlines merger

Given the recent events in the US Airways and American Airlines merger, one has to wonder, is the airline industry monopolistic? Which is worse, monopolies or competition?

  Can globalization be an ethical force in the world

What are their respective positions? Which do you feel is more valid? Can globalization be an ethical force in the world?

  Provide a complete account-monetary policy

Provide a complete account of how the bank of Canada conducts its monetary policy. Also, describe thoroughly the transmission of Canada's monetary policy - the process by which changes in the bank of Canada policy interest rate and money supply work ..

  What is the effect of increasing g by 310

What is the effect of increasing G by 310 and expanding money supply to 940.

  How would a fall in us interest rates affect canadian

how would a fall in u.s. interest rates affect canadian investment saving net foreign investment and the canadian real

  Determine the average product function

Determine the mariginal product. Determine the average product function. Find the value of L that maximizes QFind the value of L at which the marginal product function takes on its maximum value.

  Governments often face choice between equity and efficiency

To provide goods and services society feels desirable, governments often face a choice between equity and efficiency. Efficiency is a situation which a good or service is provided with minimum amount of waste, effort and expense.

  What can you rightfully conclude from this why be specific

consider the following news headline cigarette smokers make lower college grades than nonsmokers the news article goes

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd