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none, taxation is not necessary, it is based on the theory that slaves become lazy if they are not required to work in excess of 40 hours a week, taxation, criminals roaming the street are all ploys by the controllers to deprive the productive of their labor, the deficit is nothing more than the transference of that labor to the wealthy in an immoral way. it is interest on a negative economy and negative life system
What else can I help you with?
Will reducing the government's budget deficit will certainly increase economic growth?
Over the last 50 years or so, the rate of growth of average working hours has been mostly negative.
How does government budget deficit affect interest rates and investment and economic growth?
A government budget deficit can lead to higher interest rates as the government borrows more to finance its spending, which increases demand for credit. Higher interest rates can crowd out private investment, as businesses may find borrowing more expensive, leading to reduced capital spending. Consequently, this can dampen economic growth, as lower investment typically translates to slower productivity improvements and job creation. However, if the deficit finances productive investments, it may stimulate growth in the long run.
What does cut in the federal deficit tend to reduce?
A cut in the federal deficit tends to reduce government spending, which can lead to lower economic growth in the short term. It may also decrease public services and social programs, impacting overall welfare. Additionally, reducing the deficit can help lower interest rates and stabilize the economy in the long run, but it often comes at the cost of immediate economic stimulus.
What methods could the federal government use to stimulate the economy during a time when people were opposed to deficit spending?
The only way the federal government can lower taxes without contributing to a greater deficit is by cutting spending as well. This may either cause an increase in federal revenues through increased taxable income in a growing economy or have little to no effect in stimulating economic growth. The other way to stimulate the economy without increasing the deficit is eliminating regulations that create hurdles to businesses starting up and growing.
Are there types of economic growth?
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
How internal deficit financing hasten the country's economic growth?
It will likely increase the country's short-run economic growth, given that adjustment to increased deficit spending (assuming it is inefficient, in this case) causes a deadweight social loss from redistribution, but lower its long-run growth.
What condition is called budget deficit?
A budget deficit occurs when certain entities spend more money than they take in. This will result in a negative economic growth. An accumulated flow of deficits will result in debts.
Will reducing the government's budget deficit will certainly increase economic growth?
Over the last 50 years or so, the rate of growth of average working hours has been mostly negative.
How does government budget deficit affect interest rates and investment and economic growth?
A government budget deficit can lead to higher interest rates as the government borrows more to finance its spending, which increases demand for credit. Higher interest rates can crowd out private investment, as businesses may find borrowing more expensive, leading to reduced capital spending. Consequently, this can dampen economic growth, as lower investment typically translates to slower productivity improvements and job creation. However, if the deficit finances productive investments, it may stimulate growth in the long run.
What does cut in the federal deficit tend to reduce?
A cut in the federal deficit tends to reduce government spending, which can lead to lower economic growth in the short term. It may also decrease public services and social programs, impacting overall welfare. Additionally, reducing the deficit can help lower interest rates and stabilize the economy in the long run, but it often comes at the cost of immediate economic stimulus.
Is there any relationship between the Trickle Down Effect and the IMF policies?
Not really. "Trickle down effect" suggests that more economic activity tends to promote economic growth, helping everyone to prosper. The International Monetary Fund generally doesn't favor growth; that's why they always support higher taxes, which retards economic growth.
Distinguish between domestic and international finance?
Finance is the process of transferring fund from surplus economic unit to deficit economic unit. Domestic finance is the process of transferring fund from surplus economic unit to deficit economic unit within a country. And International finance is the process of transferring fund from surplus economic unit to deficit economic unit when any of these units is located outside a national country.
Evaluate the view that growth in credit is likely to have an adverse effect on the uk's economic performance?
Difficult one...
What is the effect of deficit spending?
bad very bad
What methods could the federal government use to stimulate the economy during a time when people were opposed to deficit spending?
The only way the federal government can lower taxes without contributing to a greater deficit is by cutting spending as well. This may either cause an increase in federal revenues through increased taxable income in a growing economy or have little to no effect in stimulating economic growth. The other way to stimulate the economy without increasing the deficit is eliminating regulations that create hurdles to businesses starting up and growing.
Are there types of economic growth?
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
What effect did fords economic policy have fallen n the economy?
Inflation went down due to spending cuts, but unemployment remained high under Ford's economic policy.
