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If the country is in a recession what will the government do to the interest rates to stimulate the economy?
lower
Who argued that national governments should increase their spending to stimulate the economy during an economic recession?
John Maynard Keynes
When economic activity in an economy declines it is called?
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Which was a cause of the U.S. economic prosperity throughout all of the 1950s?
due to the fact that the economy began to rise
How does the relationship between inflation and recession impact the overall economy?
The relationship between inflation and recession can impact the overall economy in a significant way. When inflation is high, it can lead to a decrease in consumer purchasing power and a rise in production costs, which can slow down economic growth and potentially lead to a recession. On the other hand, during a recession, inflation may decrease as demand for goods and services falls, which can help stimulate economic recovery. Overall, finding a balance between inflation and recession is crucial for maintaining a stable and healthy economy.
If the country is in a recession what will the government do to the interest rates to stimulate the economy?
lower
Who argued that national governments should increase their spending to stimulate the economy during an economic recession?
John Maynard Keynes
When economic activity in an economy declines it is called?
== == == ==
Which was a cause of the U.S. economic prosperity throughout all of the 1950s?
due to the fact that the economy began to rise
How does the relationship between inflation and recession impact the overall economy?
The relationship between inflation and recession can impact the overall economy in a significant way. When inflation is high, it can lead to a decrease in consumer purchasing power and a rise in production costs, which can slow down economic growth and potentially lead to a recession. On the other hand, during a recession, inflation may decrease as demand for goods and services falls, which can help stimulate economic recovery. Overall, finding a balance between inflation and recession is crucial for maintaining a stable and healthy economy.
What are the two types policy of economics?
There are two general types of economic policies. The first is fiscal policy, which operates on the principle that the most effective way for a government to influence the economy is through its spending. For example, in a recession, governments will try to stimulate the economy by spending more money by building infrastructure and creating training programs, for example. The second is monetary policy, which operates on the principle that the most effective way for a government to influence the economy is through its control of the money supply. For example, in a recession, governments will lower interest rates to encourage borrowing and increase the money supply in an attempt to stimulate the economy.
Which was the cause of the US economic prosperity throughout all of the 1950s?
U.S. government leaders spent money to stimulate the economy.
Which was a cause of the US' economic prosperity throughout all of the 1950s?
U.S. government leaders spent money to stimulate the economy.
What is the opposite of recession?
the answer is an economic boomin economy it is called a "boom"
What is the Opposite of an economic recession?
Economic recession is when the economy, as a whole, is actually shrinking (GDP shrinks, unemployment rises, as the demand for goods and services is lessened.)The opposite of an economic recession, is economic growth.Economic growth is when the economy is expanding, jobs are being created because of increased demand or stimulated demand.
What is the economy in Bulgaria like as of 2010?
Economy is shrinked a little because of the Economic recession worldwide
Explain why tax revenue changes when the economy goes into a recession?
Tax revenue changes when the economy goes into a recession. When there is a recession, the government increases tax revenue. The government does this because less people are spending money.
