Question Tag: Automatic Stabilizers

Search 500 + past questions and counting.
  • Filter by Professional Bodies

  • Filter by Subject

  • Filter by Series

  • Filter by Topics

  • Filter by Levels

PT – Nov 2021 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy

Explain the types of fiscal policies and their effects on economic fluctuations and government revenue.

Countries worldwide experience fluctuations in economic activity, which affects the consistency in government revenue generation. For example, when income levels are high, all other things being equal, tax revenue rises. Conversely, when income levels fall, tax revenue drops, requiring government policies to address the fluctuations. Governments, therefore, employ expansionary and contractionary fiscal policies to moderate the effects of such fluctuations.

Required:
Explain the following forms of fiscal policy:
i) Automatic Stabilisers
ii) Discretionary Fiscal Policy

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "PT – Nov 2021 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy"

PT – Nov 2021 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy

Explain the types of fiscal policies and their effects on economic fluctuations and government revenue.

Countries worldwide experience fluctuations in economic activity, which affects the consistency in government revenue generation. For example, when income levels are high, all other things being equal, tax revenue rises. Conversely, when income levels fall, tax revenue drops, requiring government policies to address the fluctuations. Governments, therefore, employ expansionary and contractionary fiscal policies to moderate the effects of such fluctuations.

Required:
Explain the following forms of fiscal policy:
i) Automatic Stabilisers
ii) Discretionary Fiscal Policy

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "PT – Nov 2021 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy"

TF – May 2018 – L3 – Q1c – Tax planning

Explain automatic stabilizers and discretionary fiscal policies.

The decision to change the level, composition, or timing of government expenditure or to vary the burden, the structure, or frequency of tax payment is a fiscal policy. Fiscal policies could be automatic stabilizers or discretionary.

Required:
Explain automatic stabilizers and discretionary fiscal policies.
(5 marks)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "TF – May 2018 – L3 – Q1c – Tax planning"

TF – May 2018 – L3 – Q1c – Tax planning

Explain automatic stabilizers and discretionary fiscal policies.

The decision to change the level, composition, or timing of government expenditure or to vary the burden, the structure, or frequency of tax payment is a fiscal policy. Fiscal policies could be automatic stabilizers or discretionary.

Required:
Explain automatic stabilizers and discretionary fiscal policies.
(5 marks)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "TF – May 2018 – L3 – Q1c – Tax planning"

PT – Nov 2021 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy

Explain the types of fiscal policies and their effects on economic fluctuations and government revenue.

Countries worldwide experience fluctuations in economic activity, which affects the consistency in government revenue generation. For example, when income levels are high, all other things being equal, tax revenue rises. Conversely, when income levels fall, tax revenue drops, requiring government policies to address the fluctuations. Governments, therefore, employ expansionary and contractionary fiscal policies to moderate the effects of such fluctuations.

Required:
Explain the following forms of fiscal policy:
i) Automatic Stabilisers
ii) Discretionary Fiscal Policy

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "PT – Nov 2021 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy"

PT – Nov 2021 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy

Explain the types of fiscal policies and their effects on economic fluctuations and government revenue.

Countries worldwide experience fluctuations in economic activity, which affects the consistency in government revenue generation. For example, when income levels are high, all other things being equal, tax revenue rises. Conversely, when income levels fall, tax revenue drops, requiring government policies to address the fluctuations. Governments, therefore, employ expansionary and contractionary fiscal policies to moderate the effects of such fluctuations.

Required:
Explain the following forms of fiscal policy:
i) Automatic Stabilisers
ii) Discretionary Fiscal Policy

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "PT – Nov 2021 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy"

TF – May 2018 – L3 – Q1c – Tax planning

Explain automatic stabilizers and discretionary fiscal policies.

The decision to change the level, composition, or timing of government expenditure or to vary the burden, the structure, or frequency of tax payment is a fiscal policy. Fiscal policies could be automatic stabilizers or discretionary.

Required:
Explain automatic stabilizers and discretionary fiscal policies.
(5 marks)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "TF – May 2018 – L3 – Q1c – Tax planning"

TF – May 2018 – L3 – Q1c – Tax planning

Explain automatic stabilizers and discretionary fiscal policies.

The decision to change the level, composition, or timing of government expenditure or to vary the burden, the structure, or frequency of tax payment is a fiscal policy. Fiscal policies could be automatic stabilizers or discretionary.

Required:
Explain automatic stabilizers and discretionary fiscal policies.
(5 marks)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "TF – May 2018 – L3 – Q1c – Tax planning"

Oops!

This feature is only available in selected plans.

Click on the login button below to login if you’re already subscribed to a plan or click on the upgrade button below to upgrade your current plan.

If you’re not subscribed to a plan, click on the button below to choose a plan