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Who argued that the economy should be left to itself to close a contractionary gap?
Wiki User
∙ 12y ago
the classical economists
Wiki User
∙ 12y ago
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Nineteenth-century socialists argued that government should?
actively plan the economy
Nineteenth-century socilists argued that government should?
actively plan the economy
Who argued that national governments should increase their spending to stimulate the economy during an economic recession?
John Maynard Keynes
Nineteenth century socialists argued that government should?
The government shoul activly plan the government. You Welcome!
Definition of monetary policies?
Monetary policy is referred to as either being an expansionary policy, or a contractionary policy, where an expansionary policy increases the total supply of money in the economy, and a contractionary policy decreases the total money supply. Expansionary policy is traditionally used to combat unemployment in a recession by lowering interest rates, while contractionary policy involves raising interest rates in order to combat inflation. Monetary policy should be contrasted with fiscal policy, which refers to government borrowing, spending and taxation. More useful Information here: www.vinayakjobs.com .
What should the reserve bank do if it wants to pursue a contractionary monetary policy?
raise interest rates & sell securities
Colonist who argued that the colonies should not separate from Britain is called what?
thew colonies that argued that the colonies should not separates are called patriots
What is the futuristic outlook for the US economy?
the economy will heal itself when party lines are only used for elections and once the elections are over they should work for the betterment of the country,. that is why we elected them in the firstplace
Who argued that government should stay out of private business?
John Stuart Mill argued that government should stay out of private business.
Who argued that punishments should not be exercises on brutality?
The philosopher Cesare Beccaria argued that punishments should not be exercises in brutality. He believed that punishments should be proportional to the crime committed and that the justice system should focus on deterrence rather than retribution.
Rousseau argued that society should be governed by?
social contract
What did republicans believe the U.S. economy should be based on?
the economy
