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What best describes the economic effect that results when the government increase interest rates and restricts the lending of money?
Borrowing money becomes more expensive and there is less investment in production.
What else can I help you with?
Which of the following economic terms describes an increase in product price without the increase of money's worth?
Inflation is the economic term that describes an increase in product price without the increase of money's worth.
What best describes the economic effect that results from the government having a budget-surplus?
Overall demand decreases, reducing the incentive for producers to increase production
What best describes the economic effect that results from a government budget surplus?
Overall demand decreases reducing the incentive for producers to increase production
What is economic meltdown?
It is the going down on the rate of economic activity of a country. It basically refers to increase in borrowings by government.
Kennedy called for an increase in which of the following to stimulate economic growth?
Government Spending
Which of the following economic terms describes an increase in product price without the increase of money's worth?
Inflation is the economic term that describes an increase in product price without the increase of money's worth.
What is the best describes the economic effect that results from the government having a budget surplus?
Overall demand decreases reducing the incentive for producers to increase production
What best describes the economic effect that results from the government having a budget-surplus?
Overall demand decreases, reducing the incentive for producers to increase production
What best describes the economic effect that results from a government budget surplus?
Overall demand decreases reducing the incentive for producers to increase production
What is economic meltdown?
It is the going down on the rate of economic activity of a country. It basically refers to increase in borrowings by government.
Kennedy called for an increase in which of the following to stimulate economic growth?
Government Spending
What is Military Keynesianism?
Military Keynesianism is the position that the government should increase military spending in order to increase economic growth.
Which statement describes an opportunity cost that could result from the government regulating businesses?
Government regulations can lead to an increase in production costs.
Which of the following best describes the economic effect that results from the government having budget surplus?
Demand increases, pushing producers to increase supply --> overal demand decreases, reducing the incentivefor producers to icrease production
What is the balanced budget multiplier formula and how does it impact government spending and economic stability?
The balanced budget multiplier formula is 1. It means that for every dollar increase in government spending, there is an equal increase in taxes to balance the budget. This can impact economic stability by potentially reducing the overall impact of government spending on the economy.
What economic theories supports an increase in government spending in order to benefit private industries?
Keynesian theory
What refers to President Franklin Roosevelt's economic program to increase the government's role in the economy?
New Deal
