domestic output will increase
a Keynesian would argue that the essence to solve recession lies with demand management. When an economy is experiencing a boom (inflationary gap), government should tax people, reduce spending ...etc... to soak up the demand. When an economy is experiencing a bust (recessionary gap), government should decrease tax and increase government spending (using money they gained during the boom) to increase the demand of an economy.
savings decrease
It really depends on the economy and financial stuff.... but i think it should decrease in about 6 months or so.
it causes a recession
increase
a Keynesian would argue that the essence to solve recession lies with demand management. When an economy is experiencing a boom (inflationary gap), government should tax people, reduce spending ...etc... to soak up the demand. When an economy is experiencing a bust (recessionary gap), government should decrease tax and increase government spending (using money they gained during the boom) to increase the demand of an economy.
The nature of the economy in Nigeria is mixed and also defined as an emerging market. Nigeria's economy is experiencing increasing growth with a 7 percent increase in 2013.
It would decrease economy in social and political economy
savings decrease
reduction, cut, retrenchment, economy, decrease, lessening
It really depends on the economy and financial stuff.... but i think it should decrease in about 6 months or so.
it causes a recession
increase
No, it could actually decrease fuel economy by decreasing the oil viscosity.
Bust or depression.
Definitely. Also the smoothness of the engine.
The economy will stop inflating and unemployment will decrease.