The government worries more about the affect of business cycles on the economy more then the worry of minimizing business cycles; therefore meaning business cycles are the effects of the first action rather then the cause.
A government can implement ways to minimize the business cycle. One way in which this is achieved is to minimize the scope of variations in economic growth.
Government agencies.
the U.S Gov. tracks and influences business cycles to prevent wild swings and economic behaviors... they act in self interest.
The definition does say unambiguously that business cycles are "recurrent but not periodic."
In my economic book it says.... the government plays a role in attempting to prevent wild swings in economic behavior. -E.W
A government can implement ways to minimize the business cycle. One way in which this is achieved is to minimize the scope of variations in economic growth.
Government agencies.
Governments try to control this cycle to prevent crashes from happening in the economy. They can do this by promoting the growth of businesses during the expansionary phase of the cycle.
the U.S Gov. tracks and influences business cycles to prevent wild swings and economic behaviors... they act in self interest.
John Philip Wernette has written: 'Government and business' -- subject(s): Industrial policy 'The future of American prosperity' -- subject(s): Economic conditions 'The control of business cycles' -- subject(s): Business cycles, Economic conditions
the U.S Gov. tracks and influences business cycles to prevent wild swings and economic behaviors... they act in self interest.
The definition does say unambiguously that business cycles are "recurrent but not periodic."
Most economists believe the future of business cycles will continue to ebb and flow. They believe business cycles will continue to drive the economy.
In my economic book it says.... the government plays a role in attempting to prevent wild swings in economic behavior. -E.W
The interventionist approach to business cycles posits that fluctuations in economic activity are significantly influenced by external factors, particularly government policies and interventions. Causes include changes in fiscal and monetary policies, such as government spending, taxation, and interest rate adjustments, which can stimulate or dampen economic activity. Additionally, interventionists argue that market imperfections, such as information asymmetries and monopolistic practices, can exacerbate these cycles. Overall, this approach emphasizes the role of proactive government involvement to stabilize the economy and mitigate the impacts of business cycles.
In a Marxian economic function, the government attempts to keep the business cycle of economy from being too high or too low.
Victor Zarnowitz has written: 'Has MacRoforecasting Failed (Nber Working Paper No 386)' 'Orders, production, and investment' -- subject(s): Inventories, Business cycles, Industrial procurement, Capital investments 'Die Theorie der Einkommensverteilung' -- subject(s): Wealth, Income 'Unfilled orders, price changes, and business fluctuations' -- subject(s): Wholesale trade 'Time series decomposition and measurement of business cycles, trends and growth cycles' -- subject(s): Business cycles, Time-series analysis, Economic conditions 'Business Cycles' -- subject(s): Business, Business cycles, Economic forecasting, Nonfiction, OverDrive 'Has the business cycle been abolished?' -- subject(s): Business cycles 'Production and Investment: A Cyclical and Structural Analysis (Business Cycles Ser .: No 22.)'