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Over the last 50 years or so, the rate of growth of average working hours has been mostly negative.

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What best describes the economic effect that results from a government budget surplus?

Overall demand decreases reducing the incentive for producers to increase production


What best describes the economic effect that results from the government having a budget-surplus?

Overall demand decreases, reducing the incentive for producers to increase production


What is the balanced budget multiplier formula and how does it impact government spending and economic stability?

The balanced budget multiplier formula is 1. It means that for every dollar increase in government spending, there is an equal increase in taxes to balance the budget. This can impact economic stability by potentially reducing the overall impact of government spending on the economy.


Unstable government holds back economic development most in?

Unstable governments hinder economic development by creating an unpredictable environment that discourages investment and innovation. Political instability can lead to policy volatility, reducing confidence among businesses and potential investors. Additionally, the lack of effective governance often results in inadequate infrastructure, poor education systems, and weak legal frameworks, all of which are crucial for fostering economic growth. As a result, countries with unstable governments struggle to attract foreign direct investment and develop sustainable economic strategies.


How do you increase National income?

To increase national income, a country can focus on boosting productivity through investment in infrastructure, technology, and education, which enhances the skills of the workforce. Encouraging innovation and entrepreneurship can lead to the development of new industries and job creation. Additionally, implementing sound fiscal and monetary policies can stimulate economic growth by increasing consumer and business confidence, leading to higher spending and investment. Lastly, promoting exports and reducing trade barriers can expand market access and increase overall economic output.

Related Questions

What best describes the economic effect that results from a government budget surplus?

Overall demand decreases reducing the incentive for producers to increase production


Is there an effort by GCC governments in support of economic diversification of Bahrain?

Yes, as per the Bahrain economic report, The GCC governments are redoubling their efforts to support economic diversification. A number of steps toward fiscal re-engineering are going hand in hand with an increasingly clear strategic commitment to reducing the oil dependency of the regional economies.


What best describes the economic effect that results from the government having a budget-surplus?

Overall demand decreases, reducing the incentive for producers to increase production


What is the best describes the economic effect that results from the government having a budget surplus?

Overall demand decreases reducing the incentive for producers to increase production


What is the balanced budget multiplier formula and how does it impact government spending and economic stability?

The balanced budget multiplier formula is 1. It means that for every dollar increase in government spending, there is an equal increase in taxes to balance the budget. This can impact economic stability by potentially reducing the overall impact of government spending on the economy.


How can fiscal policy be used to stimulate Australia's economic activity?

fiscal policy can be used to stimulate economic activity by increasing spending. this is done by reducing taxes and increasing government spending to increase supply and demand which has a flow on effect for individual spending.


What will increase a wheelbarrow's acceleration?

Increasing the force applied to push the wheelbarrow or reducing the mass of the load in the wheelbarrow will increase its acceleration. Additionally, reducing friction between the wheelbarrow and the ground can also increase its acceleration.


What ways can you increase the acceleration of an object?

You can increase the acceleration of an object by applying a greater force to it, reducing its mass, or reducing the friction acting on it. Increasing the slope of the surface it is moving on can also increase its acceleration.


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


What are some ways that C ountrys can work to increase their level of development?

Countries can increase their level of development by investing in education to improve literacy and skills, promoting economic policies that encourage innovation and entrepreneurship, and investing in infrastructure such as roads, energy, and telecommunications to facilitate economic growth. Additionally, promoting good governance, reducing corruption, and ensuring political stability can also contribute to development.


How do you increase the horsepower of a 220 cc engine?

by reducing weight of parts


South Africa's ability to increase exports?

we can increase our exports by cutting or reducing the resources,tools,ingredients that manufactures the eports.