Fiscal and Monetary Policy For arts industry

Essay specific features

 

Issue:

Business

 

Written by:

Gary M

 

Date added:

March 25, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 654

 

Was viewed:

5590 times

 

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Essay content:

It would increase the total demands and expand real output. Furthermore, a decrease in net taxes would make people more willing to consume goods. These policies are called expansionary fiscal policies, which stimulates the economic growth. On the other hand, the contractionary fiscal policy includes a decrease in government purchases of goods and services, or an increase in net taxes, which constrains future prosperity...
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There would be more artists devoted to creating and performing because of the increasing demand. That is to say, the government increases the purchases of services as well as performances. This in turn stimulates demands and increases industry output. On the other hand, if the government decides to raise the tax of selling entertainment goods, this would in turn affect the retail price as well...
displayed 300 characters

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