Q: What would be one way to make sure the Great Depression or any recession does not happen again?
A: The Great Depression was the world's worst and longest economic downturn in modern history.The Great…
Q: Which economic policies did Ronald Reagan pursue as president?
A: Ronald Reagan was the 40th President of the United States who has a major contribution in the…
Q: Name the four segments of the economy
A: The economy is the one where there are mainly three sectors in the economy. The main sectors of the…
Q: Need two important central problems of the economy
A: According to the given question In Simple words we can say that economics is defined as a management…
Q: What can government do to stimulate the economy?
A: To stimulate the economy, the government will implement expansionary fiscal policy.
Q: Most of the government's mandatory spending is used on which of the following?
A: Most of the government's mandatory spending is used on social security schemes. Social Security…
Q: Can governments use expansionary fiscal policy or expansionary monetary to effectively fight…
A: Answer: The use of fiscal policy and monetary policy is an effective tool to control the…
Q: List five major economic activities of government and give an example of each
A: Government has many activities of government. Five major functions are: 1- Shielding of national…
Q: ill in the blanks The tools that the government uses to influence the economy are (blank) and…
A: In an economy, there are generally two policymakers: 1-Government 2-Central Bank Each of them has…
Q: Discuss examples of the different ways that the government intervenes in the economy.
A: Government intervenes refers to an action plan of government or public entity in order to have a…
Q: The government role is to promote business in the economy rather than compete with them. Discuss
A: Public sector refers to the sector which is controlled by the government of the country and its…
Q: Review a government policy implemented between 2000-2010 and discuss the effects it had on the…
A: Government can adopt various policies as a measure to improve the economic growth. Between 2000-2010…
Q: What is neoliberalism, why does it matter, and what are some differences in terms of how different…
A: Neoliberalism is a policy model that combines politics and economics, with the goal of transferring…
Q: How does tax cuts encourage saving and investment
A: Tax reduce the personal disposable income of an individual which leads to reductions in savings and…
Q: What’s are the most important economic drivers in the United States economy?
A: The US economy is a mixed and developed economy by being the largest in the world in terms of net…
Q: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an…
A: Fiscal policy is a policy that is used by the government of a country in order to influence a…
Q: all the three models (Ricardian, Specific Factors and Heckscher-Ohlin) discuss how trade is always…
A: Autarky is a situation in which the economy is closed, that is no foreign trade. The David Ricardo…
Q: Which of the monetary or fiscal policy tools do you think would be most effective at improving the…
A: Monetary policy is given down by the CB. It is a management of money supply and interest rate. Its…
Q: Government is considering a policy change to stimulate the economy by encouraging private…
A: Government is considering a policy change to stimulate the economy by encouraging private…
Q: In the country of Mordor, the government spent $100 million on swords. Prices do not rise at all,…
A: Marginal propensity to consume (MPC) is the ratio of the change in consumption (∆C) to the change in…
Q: principles that describe how the economy as a whole works
A: Economy Economy is described as the area in which various amounts of consumption, production, and…
Q: Expenditures are always made with clear policy to guide them. Politics never enters the equation?…
A: Expenditures by the government for the economic growth involves the fiscal policy implementation, in…
Q: four primary goals governments strive to achieve in order to improve country's macroeconomy and…
A: Four primary goals that a government strive to achieve in order to improve country's macroeconomics…
Q: what happen to the country if the government income decrease?
A: Tax is one of the significant sources of income for the public authority to do its work. Tax income…
Q: What type of policy is made up of fiscal and monetary policy?
A: Both fiscal and monetary policies are implemented with the aim of making the economy free from…
Q: What are some reasons that the economy might be in a recession, and what is the appropriate…
A: The recession is a period of low economic performance and it is caused due to low aggregate demand…
Q: If the spending in the economy are too high, how will they compete to support their spending?
A: The high spending implies that economy has too high aggregate demand. The aggregate demand might…
Q: how can i use fiscal and monetary policy
A: Depression is defined as a severe and prolonged recession. A recession is a situation of declining…
Q: What are the fundamental problems and issues facing an economy in general?
A:
Q: What do you think is the biggest challenge related to the new economy?
A: Today's new economy focused more on the knowledge economy and not on the production economy. By the…
Q: How would the economy change with a new president? What does it mean for economic growth and job…
A: Economic growth is defined as the increase in the amount of real GDP produced, i.e. Increase in the…
Q: Which system of taxes is best? Why does that system is the most effective way for the government to…
A: Mainly there are 3 types of taxes which are imposed by the government. These are proportional…
Q: identify and explain how the 2 central economic policies used by the US government
A: The United States has a mixed economy. It works as per a financial framework that highlights…
Q: Why governments / decision makers try to achieve the stable economic growth and lower inflation?…
A: Inflation refers to a rise in the average level of price of goods and services in an economy.…
Q: Some of the poor and middle-income students end up paying high tuition fees in privately-owned…
A: Education is most important resource that person can acquire through schools , books , college ,…
Q: Could you say that the consumers are a significant aspect of an economy? If so, why?
A: Consumers are those who pays for the consumption of services and goods that are produced within an…
Q: Do tax cuts increase economic growth and taxable income so much that tax revenue increases?
A: Tax cuts are the fall in the amount of money of the taxpayers which are added to the revenue of the…
Q: The government reduces the tax burden (or tax rate), how the real GDP change a. if it is a closed…
A: GDP stands for gross domestic product and tells about the nations total income and the total…
Q: If taxes are reduced , will most people save more or less than before ? Does national saving rise or…
A: The aggregate spending behaviors of families and public and private substances can swiftly influence…
Q: What is a stimulus package?
A: When talking about stimulus package, it is generally considered as the government action because it…
Q: In your opinion what are the other FIVE (5) external factors that can determine the recovery shape…
A: An economy can recover from a recessionary state in a number of ways such as a U-shaped recovery…
Q: Hi! Can you help me understand why monetary and fiscal policies are important? macroeconomic tools…
A: 1. Why monetary and fiscal policies are important? 2. Macroeconomic tools used to stimulate…
Q: Should the government increase spending on infrastructure?
A: Infrastrure refers to the facilities and functions that support functionality of households and…
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