Would you predict that government expenditures would be higher or lower if taxes (or user charges) were required for the finance of all expenditures? Why? Do you think the government would spend funds more or less efficiently if it could not issue debt? Explain.

Q: Describe three ways in which government spending can be financed

A: Government spending on goods and services is one of the major components of aggregate demand.…

Q: how to reduce the debt gdp ratio for macro

A: The debt-to-GDP proportion is the measurement contrasting a country's public debt with its (GDP).

Q: In 2050, the government has collected $10,227 billion in revenues from taxes but has spent $10,584…

A: A budget deficit occurs when government spending is greater than government tax collection i.e.,…

Q: Suppose a government has no debt and a balanced budget. Suddenly it decides to spend $10 billion…

A: Given  That government has no debt and a balanced budget but suddenly it decides to spend $10…

Q: Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion…

A: In year 1, Budget deficit = $40 billion  in year 2, budget surplus = $10 billion  In year 3, budget…

Q: Q.Discuss Bangladesh's current debt-to-GDP ratio and identify the government's non-banking borrowing…

A: The economics as a study is based upon the idea that the resources which the economies have tend to…

Q: Discuss one likely affect of fiscal policy financed via the accumulation of additional government…

A: Fiscal policy is related to government spending and use of taxes as well as subsidies for the…

Q: A government finances all of its debt through 1-year treasury bonds. This government is able to…

A: The debt-to-GDP ratio is the percentage of a country's debt to its GDP. It is used to measure a…

Q: Suppose a country currently has a total debt of $13 million. If its GDP in the current year is $7…

A: Debt = 7% of 13 million = (7/100)*13000000 = 910000 Now we have to find out how much percent is…

Q: What is the difference between the US government debt and government deficits? Are they sustainable?…

A: In the United States, government, that us Congress,makes various rules and regulations, according to…

Q: Public debt is the sum of deficits and surpluses (negative deficits) over time. Suppose that a…

A: Public debt is the borrowed money that the government owes to its internal as well as foreign…

Q: Assume that the total federal debt is equal to $3 trillion.  Suppose now that the government runs a…

A: A budget deficit is a negative balance of budget that occurs when the government expenditures…

Q: Suppose a government has no debt and a balanced budget. Suddenly it decides to spend $10 billion…

A: The federal government's budget is one of the most divisive subjects in American politics today. The…

Q: Suppose that in 2016 the federal government spent $680 billion and collected $480 billion in taxes.…

A: The government budget gives the summary of the expenditure and revenues of the government. The…

Q: What is the difference between the federal budget deficit and the national debt?   a. The budget…

A: The budget deficit occurs when the current expenses exceed the revenue of an economy.  This may…

Q: Try the following exercises to better understand how the national debt is related to the…

A: GDP refers to the total value of finished goods and services that produced within the economic…

Q: What are some fiscal policy measures that can be enacted by the legislative and executive branches…

A: Hello. Since your question has multiple parts, we will solve first question for you. If you want…

Q: 1) Distinguish between discretionary and nondiscretionary fiscal policy.

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What two factors could reduce the net economic burden that might be shifted to future generations…

A: find below the answer.

Q: In 2019, the U.S. government’s total debt reached $21.2 trillion, approximately equal to 105.3% of…

A: When the government incurs a debt of $600 billion in 2020, the total debt (TD) rises by the sum of…

Q: Calculate the value of interest payment when the primary deficit is given as $9932billion and the…

A:

Q: What's the difference between the debt and a deficit? Expansionary fiscal policy involves increasing…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Given the incentive of elected political officials to spend and their reluctance to tax, two-thirds…

A: According to the statement, the elected political candidates reluctance is to spend on the tax.…

Q: At the beginning of 2009, a government had a total debt of $540 billion dollars. It ended 2009 with…

A: A budget surplus happens when pay surpasses uses. The term frequently alludes to an administration's…

Q: Will a budget deficit be more expansionary if it is financed by borrowing from the Federal Reserve…

A: If the budget deficit is financed by borrowing from Federal Reserve, it will cause to increase the…

Q: What must be true about the level of government expenditures and tax revenues for the federal…

A: Government expenditure is the amount spent by the government in order to provide goods and services…

Q: In 2016, the policy makers of the of Eastlandia projected the debt-GDP ratio and the ratio of the…

A: Given: Real GDP is currently = $1,000 billion per year Real GDP is expected to grow at = 3% per year…

Q: Suppose that in 2005 the government collected $240 billion in tax revenue and spent $270 billion,…

A: The budget is said to be balanced when the tax revenue is equal to the government spending. A budget…

Q: Explain the difference between our federal government's deficit and debt.

A: A government budget is a statement of its planned expenditures and revenue receipts for a given time…

Q: Unlike households, governments are often able to sustain large debts. For example, in 2019, the U.S.…

A: The debt-to-GDP ratio is the ratio between government debt and the gross domestic product of a…

Q: What are the desirable and undesirable effects of using a lump-sum tax to finance government…

A: A lump-sum tax is an exceptional method of tax collection, in view of a fixed sum, as opposed to on…

Q: A government finances all of its debt through 1-year treasury bonds. This government is able to…

A: In economics, the debt-to-GDP ratio is the proportion of a country's debt to its gross domestic…

Q: Determine the state of the budget (in deficit, in balance, in surplus), if: Government spending on…

A: Budget surplus occurs when government income is more than government expenditure. When expenditure…

Q: In addition to issuing bonds, explain any two major ways the government can raise revenue to finance…

A: In n economy, financing government debt is necessary to reduce the burden of future generation and…

Q: What would happen to the stated sizes of Federal budget deficits or surpluses if the current annual…

A: Social Security Trust basically has two funds, the survivor's insurance, and the old-age insurance.…

Q: If in response to this situation, the government decides to increase taxes enough to stabilize debt,…

A: Answer- Need to find- If in response to this situation, the government decides to increase taxes…

Q: Explain how a budget deficit arises and what actions governments must take in this circumstance and…

A: A government budget is a paper prepared by the government and/or other political body that presents…

Q: Explain the difference between the budget deficit and the national debt. If the deficit gets turned…

A: We need to answer, Difference between the budget deficit and the national debt. If the deficit gets…