Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Get detailed and precise answers to your questions from a dedicated community of experts on our Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Explain how implementation of fiscal policies and monetary policies can both be utilized to increase
consumer and business spending and spur economic growth. Which of these policies will impact the
federal budget and how? (4 points)

Sagot :

azikennamdi

Fiscal policies such as the decrease in taxes can be used to increase consumer spending. Increased consumer spending leads to increased growth.

How does monetary policy create growth?

Monetary policy (that is an increase in the money supply) can be used to stimulate growth because, the more money you have in circulation, the higher the aggregate demand.

This also spurs economic growth. A decrease in taxes will impact the federal budget because the fewer taxes the government collects, the less money it has to run the government and the economy, hence budget deficits.

Learn more about Fiscal Policies and Monetary Policies at:
https://brainly.com/question/14088906

Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.