0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Kennedy called for an increase in which of the following to stimulate economic growth?
Government Spending
What is Military Keynesianism?
Military Keynesianism is the position that the government should increase military spending in order to increase economic growth.
Did Keynes favor government expenditure did Keynes recommend?
Yes. Government spending that is intended to stimulate growth in an economy and simultaneously lessen the suffering of individuals in times of economic crisis is known as "Keynesian" economic policy. Such policies are fiscal (as opposed to monetary) policies, and are also known as "expansionary" policies. The underlying tenet is that government spending can improve the economy by causing an increase in demand (a shift to the right on an economic supply and demand model).
Economic growth may be represented by a?
Economic growth is represented by an increase in demand for products and therefore, an increase in employees being hired.
What are the factors affecting economic growth in the UK?
Economic growth is measured by an increase in the real Gross National Product of a country or its GDP. There are two types of economic growth, long run and short run economic growth. Short run economic growth is caused by an increase in the aggregate demand of an economy, otherwise referred to as AD. AD is made up of four factors, consumption, investment, government spending and the net worth of imports and exports. An increase in any of these factors can lead to an increase in real GDP. Long run economic growth is caused by an increase in the quality or quantity of the factors of production of the economy. These FOP's are land, labour, capital and enterprise. An increase in any of these factors will cause an increase in the potential output of an economy meaning it has the potential to produce more.
What is economic growth and why is it necessary?
Economic growth is a term to show the GDI increase. However, not everyone would consider it necessary.GDI = Gross domestic increase
Economic growth in South Africa?
economic growth is the annual rate of increase in total production or income in the economy
How do government taxation for consumption spending and importing goods for short term consumption affect economic growth?
Government taxation for consumption spending and importing goods for short-term consumption weakens the economic growth. An increase in imports results in a lower GDP and, consequently, economic loss as money is spent and funneled out of the country.
After independence Mexico made it easier than it had been for settlers to come east in order to increase?
Economic growth and security
Will reducing the government's budget deficit will certainly increase economic growth?
Over the last 50 years or so, the rate of growth of average working hours has been mostly negative.
How can governments promote economic growth?
How can the government promote growth in the economy
A decline in interest rates is expected to?
increase economic growth
