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Should demand side policies always be used rather than supply side policies when a government intervenes in an economy?
If the problem in the economy is due to a lack of demand than demand-side policies would be required. If the economy is experiencing a recession, for example, then demand side policies might be appropriate. If the economy is at or near full employment then the focus might be more on increasing aggregate supply.
What else can I help you with?
What extent should government intervene in free trade?
In a free enterprise (market) economy, the expected role of the government is to allow free operation of the market unless market failure occurs at which point it intervenes to prevent welfare losses.
What actions should the government take if the economy is in an inflationary period?
During an inflationary period, the government should consider taking actions such as increasing interest rates, reducing government spending, and implementing policies to control the money supply. These measures can help to curb inflation and stabilize the economy.
Should the national government get involved in the economy how?
Yes, the national government should get involved in the economy to ensure stability, promote growth, and address inequalities. This can be achieved through fiscal policies, such as government spending and taxation, to stimulate demand during economic downturns. Additionally, regulatory measures can protect consumers, ensure fair competition, and safeguard the environment. By intervening strategically, the government can help create a more equitable and resilient economy.
What role do you think the government should play in the economy?
No role the government should play.
When the country is experiencing an economic slowdown the government should exercise what action?
The government may exercise appropriate monetary or fiscal policies. However, the degree to which the government should interfere in the economy is a matter of continuing debate, beginning with the FDR administration and the Great Depression of the 1930's.appropriate budgetary policy
What extent should government intervene in free trade?
In a free enterprise (market) economy, the expected role of the government is to allow free operation of the market unless market failure occurs at which point it intervenes to prevent welfare losses.
What actions should the government take if the economy is in an inflationary period?
During an inflationary period, the government should consider taking actions such as increasing interest rates, reducing government spending, and implementing policies to control the money supply. These measures can help to curb inflation and stabilize the economy.
Should the national government get involved in the economy how?
Yes, the national government should get involved in the economy to ensure stability, promote growth, and address inequalities. This can be achieved through fiscal policies, such as government spending and taxation, to stimulate demand during economic downturns. Additionally, regulatory measures can protect consumers, ensure fair competition, and safeguard the environment. By intervening strategically, the government can help create a more equitable and resilient economy.
What role do you think the government should play in the economy?
No role the government should play.
When the country is experiencing an economic slowdown the government should exercise what action?
The government may exercise appropriate monetary or fiscal policies. However, the degree to which the government should interfere in the economy is a matter of continuing debate, beginning with the FDR administration and the Great Depression of the 1930's.appropriate budgetary policy
Where Utilitarianism held that government policies should promote?
AS
What does socialism argue should be the government's role in the economy?
Socialism argues that the government should coordinating the economy, subsidizing corporations in the economy, and actively participating in the game of opening, closing, and running businesses.
What was the whig position of the economy?
They believed that the government should spend money to help the economy.
What was a major point of debate between Whigs and Democrats on economics policy?
How much government should be involved in the economy
Conservatives believe that?
there should be little government regulation of the economy.
Should the Government manage the economy?
No it should not. there is no way that a government could get control over the complexity's that make any economy work. that does not mean however that some economic factors should not be overseen by the government to make sure that they are legal under the law of the land.
How many presidents tried to help the US economy?
Every president has wanted to help the economy. The idea that the government should try to control the economy is fairly recent , mostly since Roosevelt in 1932 and after Roosevelt there is some disagreement about what kind of government intervention will actually help the economy, but certainly every president since FDR has thought about what the government can do to help the economy, and even before Roosevelt , presidents tried to take steps to make the economy better.
