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What economic theories supports an increase in government spending in order to benefit private industries?
Wiki User
∙ 13y ago
Keynesian theory
Wiki User
∙ 13y ago
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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.
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.
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 is the appropriate measure of government s involvement in economic activity?
it is the share of government spending in total spending in the economy
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.
How can fiscal policy be used to stimulate Australia's economic activity?
fiscal policy can be used to stimulate economic activity by increasing spending. this is done by reducing taxes and increasing government spending to increase supply and demand which has a flow on effect for individual spending.
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.
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 is the appropriate measure of government s involvement in economic activity?
it is the share of government spending in total spending in the economy
Why was there an economic plunge in 1937?
government spending was cut .
Decreasing government spending involves which type of economic policy?
suppli side economic
When would an increase in government purchases be an appropriate countercyclical fiscal policy?
A decrease in government spending and increase in taxes.
How quickly can an increase in government spending increase the gross domestic product?
6 months
What was one reason for the economic plunge of 1937?
government spending was cut
One reason for the economic plunge of 1937 was that?
Government spending was cut.
