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What else can I help you with?
Economic resources are also known as?
Factors of production.
What economic system does Chile have?
A Market system (also known as capitalism)
Define Economic Society?
Economic development generally refers to the sustained, concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy.
What is discretionary fiscal policy and built in stabilizer?
built in stabilisers also known as automatic stabilisers/non-discretionary fiscal policy that automatically adjust for cyclical upswing and downswing imbalances in the economy. they are a form of fiscal policy which auto-adjust the economic imbalances without any form of intentional/discretional intervention of policy formulators. this id contrary to the discretionary fiscal policy, which involves active involvment of policy makers through the intentional use of tax and expenditure to regulate the economy.
What is an easy money policy?
An easy money policy, also known as an expansionary monetary policy, is a strategy employed by central banks to stimulate economic growth by increasing the money supply and lowering interest rates. This approach aims to make borrowing cheaper, encouraging businesses and consumers to spend and invest more. As a result, it can help combat unemployment and boost economic activity, especially during periods of recession. However, if maintained for too long, it may lead to inflation or asset bubbles.
Do pigs have hands?
Pigs feet are known as 'trotters' also known as pettitoes.
Economic resources are also known as?
Factors of production.
The name given by journalists to Ronald Reagan's economic policy also known as trickle down economics which thought that reduced government spending tax cuts and increased military spending woul?
Reaganomics
What is Albert Durer famous for?
Albretch Durer's most popular work was Praying Hands, also known as Hands of an Apostle.
What was the economic policy that required colonists to ship raw materials to England and purchase finished goods from England?
The economic policy you are referring to is known as mercantilism. Under this system, colonies were expected to supply raw materials to the mother country, England, while also being required to purchase finished goods exclusively from England. This policy aimed to enhance the economic strength of England by ensuring that colonial trade benefited the British economy and restricted colonial trade with other nations. It was a foundational aspect of colonial economic relationships and contributed to tensions leading up to the American Revolution.
Economic venture also known as the lost colony?
Roanoke island
What economic system does Chile have?
A Market system (also known as capitalism)
What are the external and internal factors influencing foreign policy in Zimbabwe?
External factors influencing foreign policy in Zimbabwe include international alliances, global economic conditions, and regional stability. Internally, factors such as domestic politics, public opinion, and economic challenges can also impact foreign policy decisions.
What isn't true about fiscal policy?
Fiscal policy does not involve the manipulation of interest rates; that is the domain of monetary policy, which is managed by central banks. Additionally, fiscal policy is not solely focused on short-term economic stabilization; it also aims to influence long-term economic growth through government spending and tax policies. Finally, fiscal policy is not universally effective in all economic conditions, as its impact can be limited by factors like consumer confidence and pre-existing debt levels.
Which Greek hero is famously known for slaying the Nemean Lion with his bare hands?
The Greek hero famously known for slaying the Nemean Lion with his bare hands is Heracles, also known as Hercules in Roman mythology.
Define Economic Society?
Economic development generally refers to the sustained, concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy.
Did Keynes favor government expenditure did Keynes recommend?
Yes. Government spending that is intended to stimulate growth in an economy and simultaneously lessen the suffering of individuals in times of economic crisis is known as "Keynesian" economic policy. Such policies are fiscal (as opposed to monetary) policies, and are also known as "expansionary" policies. The underlying tenet is that government spending can improve the economy by causing an increase in demand (a shift to the right on an economic supply and demand model).
