I'm trying to figure it out too....
It's either A) Americans have discovered that economic growth i the only way to achieve economic equity
B) Americans have discovered that economic growth is needed to bettter satisfy the wants and needs of a growing population
C) Economic growth leads to price stability
One of those answers... >_<
How can the government promote growth in the economy
Crowding in occurs when government spending stimulates private sector investment, leading to increased economic growth. Crowding out happens when government spending reduces private sector investment, potentially limiting economic growth. The overall effectiveness of government spending on economic growth depends on whether crowding in or crowding out occurs.
Key questions about fiscal policy that need to be addressed for economic stability and growth include: How should government spending be allocated to support economic growth? What is the appropriate level of taxation to fund government programs without hindering economic activity? How can fiscal policy be used to address economic downturns and promote long-term growth?
Government Spending
When the economic growth rate exceeds the long run growth potential.
How can the government promote growth in the economy
Crowding in occurs when government spending stimulates private sector investment, leading to increased economic growth. Crowding out happens when government spending reduces private sector investment, potentially limiting economic growth. The overall effectiveness of government spending on economic growth depends on whether crowding in or crowding out occurs.
Yes always
Key questions about fiscal policy that need to be addressed for economic stability and growth include: How should government spending be allocated to support economic growth? What is the appropriate level of taxation to fund government programs without hindering economic activity? How can fiscal policy be used to address economic downturns and promote long-term growth?
Government Spending
When the economic growth rate exceeds the long run growth potential.
Harms economic growth *Gradpoint*
Wolves 4-0 Blackpool Cmon me Babbies!
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
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.
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
Government spending!