0
Which best describes the economic effect that results when the government increases interest rates and restricts the lending?
When the government increases interest rates and restricts lending, it typically leads to reduced consumer and business spending. Higher interest rates make borrowing more expensive, leading to decreased investment and consumption, which can slow economic growth. This tightening of monetary policy often aims to control inflation but can also result in lower employment levels as businesses adjust to decreased demand. Overall, the immediate effect is a cooling of economic activity.
What else can I help you with?
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 best describes the economics effect that results when the government increases interest rate and restricts the lending if money?
When the government increases interest rates and restricts lending, it typically leads to a decrease in consumer and business borrowing. Higher interest rates make loans more expensive, which can reduce spending and investment, slowing down economic growth. This tightening of monetary policy can help control inflation but may also lead to higher unemployment and lower overall demand in the economy. Ultimately, the immediate effect is a cooling of economic activity as both consumers and businesses pull back on expenditures.
Which of these describes the far right of the economic spectrum?
the government has no direct influence
Which best describes Eisenhower's approach to the role of government in economic affairs?
interventionist.
Which of these describes the economic theory of laissez-faire?
An economic system should be driven by free market forces, not government intervention. A+
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.
Which of these describes the far right of the economic spectrum?
the government has no direct influence
Which best describes Eisenhower's approach to the role of government in economic affairs?
interventionist.
Which of these describes the economic theory of laissez-faire?
An economic system should be driven by free market forces, not government intervention. A+
Which the following describes a major legacy of the Progressive era?
That the government can act to fix the economic and political problems.that the government can act to fix economic and political problems - novanet
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
Which phrase best describes the economic policy of laissez-fairs?
A laissez-faire economic policy involves a minimum of government interference in business.
Which phrase best describes the economic policy of laissez- fairs?
A laissez-faire economic policy involves a minimum of government interference in business.
Which situation most likely results when the government lowers interest rates to banks?
Economic activity increases.
What word describes a philosophy that favors government action?
The word that describes a philosophy favoring government action is "statism." It is the belief that the state should have extensive control and authority over economic and social matters.
A consequence of the economic problem of scarcity is that?
Scarcity restricts options and demands choices
What term describes the belief that economic problems can work themselves out in the marketplace without government help or controls?
Delusion
