Search results
Results from the WOW.Com Content Network
Neutral fiscal policy is usually undertaken when an economy is in neither a recession nor an expansion. The amount of government deficit spending (the excess not financed by tax revenue ) is roughly the same as it has been on average over time, so no changes to it are occurring that would have an effect on the level of economic activity .
Various activities of the government are undertaken at different levels. To understand the assignment of responsibilities to the different levels of state, it can be beneficial to define, whether it is more useful to deal with problems at the local or the federal level.
Fiscal space is the flexibility of a government in its spending choices, and, more generally, to the financial well-being of a government. [1] Peter Heller (2005) defined it “as room in a government’s budget that allows it to provide resources for a desired purpose without jeopardizing the sustainability of its financial position or the stability of the economy.” [2]
Fiscal policy is any changes the government makes to the national budget to influence a nation's economy. [1] "An essential purpose of this Financial Report is to help American citizens understand the current fiscal policy and the importance and magnitude of policy reforms essential to make it sustainable.
Schaum's originally occupied the niche of college supplements, and the titles tend to be more advanced and rigorous. With the expansion of AP classes in high schools, Schaum's Outlines are positioned as AP supplements. The outline format makes explanations more terse than any other supplement.
Fiscal quarters are four three-month periods during which a company's financial activities and statements are calculated, processed and reported to investors. Below is an outline for the quarters ...
The holy grail of macroeconomics is full employment along with price stability, which implies highly efficient use of resources while controlling price level. In the first place, Modern Monetary Theory (MMT) rejects the monetarist explanation virtually in toto, arguing that it is based on an incorrect view of actual operations of the Treasury, central bank, and commercial banking, and how they ...
To quantify the fiscal burden and to draw comparisons of different countries, the concept of "fiscal burden of government ratio" is used. Calculated according to certain methodologies, it basically means that the lower the score, the lower the involvement of the government in the economics of the country.