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What type of country would most likely have a traditonal economy?
underdeveloped
How would the us government most likely react to a boom in the economy?
Increase government spending in order to stimulate the economy
How would a government most likely respond to a slowdown in the economy?
Lowering taxes in order to stimulate spending
What type of economy has the government make all choices?
Command Economy
Which type of monetary policies would the Federal Reserve most likely use when the economy is struggling?
Expansionary policies
Related Questions
What type of country would most likely have a traditonal economy?
underdeveloped
What would the Amish most likely drive in?
The Amish will most likely drive a horse and buggies or even on bicycles. Only few Amish own cars.
In order to drive from Buffalo to Syracuse what city would you most likely pass through?
You would most likely pass through Rochester.
How would the us government most likely react to a boom in the economy?
Increase government spending in order to stimulate the economy
Under what circumstances would the government most likely raise taxes?
The economy is growing rapidly.
What would Joan of Arc do in the 21st century?
Most likely, she would drive out the Muslim extremists from France.
How would a government most likely respond to a slowdown in the economy?
Lowering taxes in order to stimulate spending
What type of economy has the government make all choices?
Command Economy
What will happen to the EU if more countries join?
The economy would most likely grow and the EU would become more powerful.
Would the hard drive be damaged if a laptop falls during standby?
No, the hard drive is most likely not damaged. Source: Experience
What would most likely lead to a higher level of interest rates in the economy?
the level of inflation begins to decline
Which type of monetary policies would the Federal Reserve most likely use when the economy is struggling?
Expansionary policies
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