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Fiscal policy

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Q: What refers to the governments pursuit of full employment and price stability through variations in taxes and government spending?
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What is the stability function of government?

Obtain high employment and price stability


Why is government neccesary?

For stability in social life.


Why do poorer peripheral countries usually have traditional governments?

it ensures the stability of such state, hence the primary objective here is not to move the country into a core state.


What are The seven major economic and social goals of the US?

According to my textbook, the seven major economic goals that most Americans agree on are as follow: Economic freedom Economic efficiency Economic equity Economic security Full employment Price stability Economic growth


What are some examples of how the government acts as the provider protector and consumer of goods and services regulator and promoter of national goals?

PROTECTOR: As protector, the United States government enforces laws such as those against false and misleading advertising, unsafe food and drugs, environmental hazards, and unsafe automobiles;PROVIDER AND CONSUMER: All levels of government provide goods and services for citizens. the national government, for example, supplies defense services. State government provides education and public welfare. Local governments provide, among other things, parks, libraries, and bus services;REGULATOR: In its role as a regulator, the national government is charged with perserving competition in the market place. It also oversees interstate commerce, communications, and even entire industries such as banking and nuclear power.PROMOTER OF NATIONAL GOALS: Government reflects the will of a majority of its people. As a result, many government functions reflect peoples desire to modify the economic system to achieve the economic goals of freedom, efficiency, equity, security, full employment, price stability, and economic growth.

Related questions

What Refers to the government's pursuit of full employment and price stability through variations in taxes and government spending?

Fiscal policy


What refers to the government pursuit of full employment and prices stability through variations in tax and government spending?

Fiscal policy


What is the stability function of government?

Obtain high employment and price stability


What is the macroeconomic stabilization function of government?

Obtain high employment and price stability


What are 2 indicators of economic stability?

Price Stability and full employment! -A


Why did the German government protect its business from foreign competition?

For the same reasons all governments do so. To safeguard and enhance its own economic stability.


What is the impact of fiscal policy?

Fiscal policy is used by governments to influence the level of aggregate demand in the economy, in an effort to achieve economic objectives of price stability, full employment and economic growth.


How does government stability affect a business?

Yes the government can affect the stability of a business


What is the function of stabilizer?

Obtain high employment and price stability


Why do drug traffickers present a danger to the stability of governments?

Drug traffickers are rich and well-armed, and often fight against governments.


How government type and stability affect hospitality industry?

I think that most business have problems when the stability of the governemnt changes because so I think it most of the stability government will affect the business


What has the author G Braighlinn written?

G. Braighlinn has written: 'Ideological innovation under monarchy' -- subject(s): Elite (Social sciences), Legitimacy of governments, Political science, Political stability, Politics and government