0
the macroeconomic objectives being pursued by the government will greatly influence government spending . a government aiming to reduce employment and promote economic growth is likely to pursue an expansionary fiscal policy , thus increasing government spending where as a government aiming to control inflation is likely to follow a contractions policy thus reducing its spending.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Who makes economic decisions in a mixed economy and why?
The government makes all the decisions because the government does all the spending and taxation to provide jobs and services and he also influences on the economic growth
What Factors affect consumer spending?
The factors that affect consumer spending are: Size of Income, Future Expenditures, and Social Influences.
Is GDP connected to government spending?
Yes, government spending is included in the expenditures calculations of GDP.
Why is it difficult for the federal government to increase or decrease spending?
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
What is the appropriate measure of government s involvement in economic activity?
it is the share of government spending in total spending in the economy
When government spending and taxation influences the economy it is called?
it is known as fiscal policy
Who makes economic in a mixed economy and why?
The government makes all the decisions because the government does all the spending and taxation to provide jobs and services and he also influences on the economic growth
Who makes economic decisions in a mixed economy and why?
The government makes all the decisions because the government does all the spending and taxation to provide jobs and services and he also influences on the economic growth
What Factors affect consumer spending?
The factors that affect consumer spending are: Size of Income, Future Expenditures, and Social Influences.
Is GDP connected to government spending?
Yes, government spending is included in the expenditures calculations of GDP.
Why is it difficult for the federal government to increase or decrease spending?
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
What influences Japan's government?
econemany
What is the approval of government spending?
The approval of government spending comes from Congress. It is referred to as the budget resolution or the deficit resolution.
Is the approval of government spending?
The approval of government spending comes from Congress. It is referred to as the budget resolution or the deficit resolution.
What is the appropriate measure of government s involvement in economic activity?
it is the share of government spending in total spending in the economy
What has a been a trend in the 20th century?
growing levels of government spending <------------------ APEX :)
How do government priorities affect government spending?
taxes
