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Will reducing the government's budget deficit will certainly increase economic growth?
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∙ 8y ago
Over the last 50 years or so, the rate of growth of average working hours has been mostly negative.
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∙ 8y ago
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What best describes the economic effect that results from a government budget surplus?
Overall demand decreases reducing the incentive for producers to increase production
What best describes the economic effect that results from the government having a budget-surplus?
Overall demand decreases, reducing the incentive for producers to increase production
What is economic development?
Economic development is the institutional changes made to promote economic betterment. It is the social organizational changes made to promote growth in an economy. It is also the process of improving the quality of human life through increasing per capita income, reducing poverty, and enhancing individual economic opportunities. In other words, the process of improving the quality of human life through increasing per capita income, reducing poverty, and enhancing individual economic opportunities is called economic development.
Policies reducing levels of economic activity?
contractionary fiscal policy: reducing government expenditure and increasing taxation rate. Contractionary monetary policy: decreasing money supply and increasing interest rates.
What is expansionary policies?
Expansionary fiscal policy is an increase in government spending or a reducing in net taxes which increase aggregate output/income (Y). +G or -T = +Y
What best describes the economic effect that results from a government budget surplus?
Overall demand decreases reducing the incentive for producers to increase production
Is there an effort by GCC governments in support of economic diversification of Bahrain?
Yes, as per the Bahrain economic report, The GCC governments are redoubling their efforts to support economic diversification. A number of steps toward fiscal re-engineering are going hand in hand with an increasingly clear strategic commitment to reducing the oil dependency of the regional economies.
What is the best describes the economic effect that results from the government having a budget surplus?
Overall demand decreases reducing the incentive for producers to increase production
What best describes the economic effect that results from the government having a budget-surplus?
Overall demand decreases, reducing the incentive for producers to increase production
What does reducing friction increase?
Efficiency Efficiency
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.
Which of the following best describes the economic effect that results from the government having budget surplus?
Demand increases, pushing producers to increase supply --> overal demand decreases, reducing the incentivefor producers to icrease production
How do you increase the horsepower of a 220 cc engine?
by reducing weight of parts
Why does reducing solute particle size increase the speed at which a solute dissolves in water?
Reducing particle size results in an increase in surface area. The increase in surface area allows more solvent (water) molecules to interact with the substance, and this increases the rate at which that substance dissolves.
South Africa's ability to increase exports?
we can increase our exports by cutting or reducing the resources,tools,ingredients that manufactures the eports.
Do reducing the volatility of cash flows will always increase the value of a company?
yes
Why is reducing crime important to Mexico?
To increase tourism which is an important industry in Mexico.
