Social Studies, 30.07.2019 18:30 Daxtyn

If congress and the president decide an expansionary fiscal policy is necessary, what changes should they make in government spending or taxes? a. in this case, congress and the president should enact policies that decrease government spending and increase taxes. b. in this case, congress and the president should enact policies that increase government spending and decrease taxes. c. in this case, congress and the president should enact policies that increase government spending and increase taxes. d. in this case, congress and the president should enact policies that decrease government spending and decrease taxes. what changes should they make if they decide a contractionary fiscal policy is necessary? a. in this case, congress and the president should enact policies that decrease government spending and decrease taxes. b. in this case, congress and the president should enact policies that decrease government spending and increase taxes. c. in this case, congress and the president should enact policies that increase government spending and decrease taxes. d. in this case, congress and the president should enact policies that increase government spending and increase taxes.

Answers: 3

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Answers

1. If Congress and the president decide an expansionary fiscal policy is necessary, what changes should they make in government spending or taxes?

B. In this case, Congress and the president should enact policies that increase government spending and decrease taxes.

2. What changes should they make if they decide a contractionary fiscal policy is necessary?

B. In this case, Congress and the president should enact policies that decrease government spending and increase taxes.

Explanation:

Fiscal policy is the government’s approach to taxing and spending in order to influence and balance the economy for the mid or long term. There are mainly two types of fiscal policies that governments use: the Expansionary Fiscal Policy and the Contractionary Fiscal Policy.

The Expansionary Fiscal Policy aims to stimulate economic growth by enacting policies that increase government spending and decrease taxes (Option B, Question 1) and it is often used when a nation has a high unemployment rate and a low demand rate.

The Contractionary Fiscal Policy, on the other hand, aims to stimulate economic growth by enacting policies that decrease government spending and increase taxes (Option B, Question 2), and it is normally used when a nation has a high inflation rate.

Answer from: Quest

idk if you found them already or not but you probably did but the one closer to sea level is raleigh.

Answer from: Quest

question 1

the reasons for the global discontent in the early 1900s were the following:

desire for independence was the main fight of many territories which were still under the control of colonial powers. dissatisfaction with peace terms of wwi . the best example is the case of germany, that was forced by the peace treaties to pay very expensive war reparations to the winners of wwi. some time later, german leaders broke relations and stopped recognizing the authority of those who imposed sanctions on their country, counting with the support of the population that was suffering the important economic consequences of the payment of reparations. overproduction of consumer goods which led to hyperinflation scenarios and very week currencies and economies.

question 2

the reasons for the great depression were the following, and these led to wall street crash in october 1929 and caused the subsequent great recession period.

high personal debt, that ended up with many bankrupt investors. falling stock price as everybody was getting rid of the stocks, many because they could not meet the amounts of money required by the margins that backed their investments.

question 3

italy: led by the fascists and benito mussolini and promised to restore the greatness of the roman empire. germany: led by adolph hitler and the nazi party and conducted anti-jewish riots in austriajapan: was controlled by aggressive military leaders and invaded countries for their resources

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