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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.
What else can I help you with?
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
How can one calculate the government spending multiplier?
The government spending multiplier can be calculated by dividing the change in real GDP by the change in government spending. This helps determine how much the economy will grow for each additional dollar of government spending.
Is GDP connected to government spending?
Yes, government spending is included in the expenditures calculations of GDP.
What Factors affect consumer spending?
The factors that affect consumer spending are: Size of Income, Future Expenditures, and Social Influences.
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)
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
How can one calculate the government spending multiplier?
The government spending multiplier can be calculated by dividing the change in real GDP by the change in government spending. This helps determine how much the economy will grow for each additional dollar of government spending.
Is GDP connected to government spending?
Yes, government spending is included in the expenditures calculations of GDP.
What Factors affect consumer spending?
The factors that affect consumer spending are: Size of Income, Future Expenditures, and Social Influences.
What percentage of the government spending is allocated to different sectors as shown in the government spending pie chart?
The government spending pie chart shows the percentage of funds allocated to different sectors.
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 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 has a been a trend in the 20th century?
growing levels of government spending <------------------ APEX :)
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
