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Fiscal Policy

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Q: What is the way governments use taxes and spending to stabilize the economy called?
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The way the government uses taxes and spending to stabilize the economy is called what?

Fiscal policy is the way the government uses taxes and spending to stabilize the economy. It is based on the theories of British economist John Maynard Keynes, also known as Keynesian economics.


The way the government uses taxes and spending to stabilize the economy is called .?

Fiscal policy is the way the government uses taxes and spending to stabilize the economy. It is based on the theories of British economist John Maynard Keynes, also known as Keynesian Economics.


When government spending and taxation influences the economy it is called?

it is known as fiscal policy


The use of taxing and spending powers to shape the economy?

The use of taxing and spending powers to shape the economy is commonly called fiscal policy. This type of policy influences macroeconomic conditions.


Why is it called the War in Iraq?

The war in Iraq is called this because the war is within Iraq, its not with any other country. Iraq is having civil wars. Iraq can not stabilize their government or economy.


When In 1998 the Japanese Parliament passed a series of bills which called for to help the economy recover.?

the government to increase spending


In 1998 the Japanese Parliament passed a series of bills which called for to help the economy recover?

the government to increase spending


What is called fiscal policy?

Fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy


The economic system in which the government is in almost complete control of the economic activity is called?

State capitalism. Not Communism, which has no government and no wages system.


Why is planned investment called an injection?

Planned investment is called an injection because it refers to new spending or investment that is added to the circular flow of income and expenditure in an economy. It injects additional income and spending into the economy, stimulating economic activity and potentially increasing aggregate demand. In contrast, unplanned changes in inventory levels are called leakages because they remove income and spending from the circular flow.


What was An organized society with advanced technology working governments vast farming tracts art science trade and an economy called?

A civilization


Country who's government has strong control over the economy and society as a whole?

Capitalist governments have varying degrees of economic control. Communism has no government and no economy (because no money or markets).