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C. capital goods and labor.
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What are four types of spending that represent the AD curve?
Consumption, Investment, Government spending, and Net Taxes
What are the types of expansionary policies?
Expanding the money supply and expanding government spending.
Why is it difficult for the federal government to increase or decrease spending?
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
What are the two types of law in US government?
The two types of law are common and statutory.
What are the two ways the federal government could respond to an increase in the economy?
raise income taxes and decrease government spending
What are the two types of government provided for in the constitution?
Federal government and state government
What are two types of government?
state government and local government
What are two types of democratic?
The two types of democratic government are: > direct democracy; and > republic democracy
What are the two tools of fiscal policy that governments can use to stabilize an economy?
government spending and taxation
Is GDP connected to government spending?
Yes, government spending is included in the expenditures calculations of GDP.
What are the two Chinese government types?
communism or unitary
What influences government spending?
the macroeconomic objectives being pursued by the government will greatly influence government spending . a government aiming to reduce employment and promote economic growth is likely to pursue an expansionary fiscal policy , thus increasing government spending where as a government aiming to control inflation is likely to follow a contractions policy thus reducing its spending.
