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What actions would a modern Keynesian economist advocate to cure a recessionary gap?

a Keynesian would argue that the essence to solve recession lies with demand management. When an economy is experiencing a boom (inflationary gap), government should tax people, reduce spending ...etc... to soak up the demand. When an economy is experiencing a bust (recessionary gap), government should decrease tax and increase government spending (using money they gained during the boom) to increase the demand of an economy.


What is the nature of Nigerias economy?

The nature of the economy in Nigeria is mixed and also defined as an emerging market. Nigeria's economy is experiencing increasing growth with a 7 percent increase in 2013.


How do the cordilleras affect transportation in Columbia?

It would decrease economy in social and political economy


If disposable income increases in a economy what can be true?

savings decrease


What are synonyms for cutback?

reduction, cut, retrenchment, economy, decrease, lessening


When will fuel prices decrease in India?

It really depends on the economy and financial stuff.... but i think it should decrease in about 6 months or so.


If economy enters in boom period is demand for money increase or decrease?

increase


How would a decrease in total expenditures affect the nation's economy?

it causes a recession


Will a lower temp rated thermostat have any effect on fuel economy?

No, it could actually decrease fuel economy by decreasing the oil viscosity.


Can position throttle sensor decrease fuel economy?

Definitely. Also the smoothness of the engine.


What will happen if the democrats lose control of the house?

The economy will stop inflating and unemployment will decrease.


What does A tight policy means?

the Federal Reserve wants to decrease the amount of money in the economy