Start studying Practice Fiscal Policy Questions. Solution for Explain the Economic Concepts of the Fiscal Policy : 1. inception 2. tools 3. goals c) Finance Ministry. Fiscal Policy refers to the methods employed by the government to influence and monitor the economy by adjusting taxes and/or public spending. The main tools of the fiscal policy of any government are two. During a recession, by lowering taxes or increasing government spending, fiscal policy Top Answer. Q. There are four monetary policy tools: open market operations , which is the buying and selling of government bonds; and changes to reserve requirements, the discount rate, and the interest paid on required and excess reserves. Answer. Tixes a. b. c. fullscreen. Fiscal policy tools can achieve, or at least attempt to achieve, both economic and political goals. The government collects money from the public through income taxes, sales taxes, and other indirect taxes. On the one hand, more taxes means more income for the government, but it also results in less income in the hand of the people. SURVEY . answer choices . Questions are typically answered in as fast as 30 minutes. A government has two tools at its disposal under the fiscal policy – taxation and public spending. b) Planning Commission. ... policy is one that containes money. Federal Reserve Tools Fiscal Policy Tools Discount rate taxing Reserve Requirement spending borrowing One tool is missing from the Federal Reserve’s list of tools. d) Securities and Exchange Board of India. Two Primary Tools of fiscal policy. Please refer to the following chart to answer question number 1. Discount Rate. Want to see this answer and more? Taxation includes taxes on income, property, sales, and investments. a) Primary defecit. Choose the 2 answers below that are fiscal policy tools of the Federal Government. Check out a sample Q&A here. Local referendums. Tags: Question 16 . Step-by-step answers are written by subject experts who are available 24/7. this is the release and subsctraction of amount of money in economy by variuos tools (like loans to banks). If the economy was going into a recession, what … Government Spending. Answer : c. Question 3 : If we deduct grants to states for the creation of capital assets from revenue deficit, we arrive at. * Practice FP questions for the test. fiscal policy tools. 5. See Answer. What are the three tools of fiscal policy? Answer : c. Question 2 : Fiscal policy in India is formulated by. Learn vocabulary, terms, and more with flashcards, games, and other study tools. 30 seconds . Taxes. Question: Handout 19-1 Print THE TOOLS OF FISCAL POLICY Name Class Changes In Federal Taxes And Federal Government Spending That Are Designed To Affect The Level Of Aggregate Domand (and In Some Cases Aggregate Supply In The Economy Are Called Fiscal Policy. Fiscal policy refers to use of government expenditure, taxation policies for influencing macro economic situation of country.J M Keynes was major economist who suggest use of fiscal policy to influenc view the full answer 6. The main fiscal policy tools are taxation and spending; in contrast, monetary policy involves the availability and cost of money, or more specifically, credit. This is the main tool through which the government collects money from the public. a) Reserve Bank of India. Want to see the step-by-step answer? Let’s have a look at them – #1 – Taxes. Fiscal policy is one of two main types of control a government or its agencies can exercise over an economy. check_circle Expert Answer. Taxes and/or public spending of the Federal government of any government are two of money in economy adjusting. 30 minutes or increasing government spending, fiscal policy questions of amount of money economy... 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