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Which of these social scientists studies the way government is spending money and how it affects the overall economy?
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∙ 10y ago
political scientist A+
Wiki User
∙ 10y ago
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What characteristics are often taken into account to measure the development of a country?
effective government and a stable economy can we get a better answer?
How can spending time in sunlight affect the economy?
One main way that the economy would benefit, is that if less time was spent in the sun by people, then less people would be getting skin cancer. This would mean that the levels of skin cancer would drop and the hospitals would need less amounts of treatment chemicals. This obviously means that the government's money would go up and more development could be done in the country with the extra money. It could even mean that there was more money spent on developing cures to other diseases, such as breast cancer. Maybe, with these new cures in place taxes would go down, who knows. Another thing, is that if chemicals were being imported, then there would be less damage to the environment as we wouldn't need to import it anymore and then again, more money for the government to sort out this stupid credit crunch!!
How does farming help the economy?
Food.
How does science affect the economy?
titi ko
Which statement best describes Venezuela's economy?
primary
What does the government have to do with the economy?
The ruling government has a vital role to play in the economy. They make the policies that govern the way people live in a country which in turn directly affects the economy. Ex: If the government levies heavy taxes then it would have a direct negative impact on the economy because of reduced spending by the people.
What is the appropriate measure of government s involvement in economic activity?
it is the share of government spending in total spending in the economy
What is the Republican view on economy?
They want a strong economy with little government spending -Bailey
Describe how the government interacts with the product and resource markets?
The ruling government has a vital role to play in the economy. They make the policies that govern the way people live in a country which in turn directly affects the economy. Ex: If the government levies heavy taxes then it would have a direct negative impact on the economy because of reduced spending by the people.
What did President Roosevelt do for the US economy?
He increased government spending
Which action has an expansionary effect on the economy?
Increasing government spending
When was the federal government spending largest as a percentage of the economy?
The federal government spending was largest as a percentage of the economy in 2020 due to increased spending related to the COVID-19 pandemic and relief efforts.
How would the us government most likely react to a boom in the economy?
Increase government spending in order to stimulate the economy
Does an increase in government spending increase income?
An increase in government spending helps to stimulate an economy. Because the government is now paying other people to do work, those people are now receiving an income. They can then reinvest in the economy, leading to an overall growth in the nation's economy.
How does large Government spending help the economy?
Government spending increases aggregate demand by giving money to individuals and business to hopefully spend.
What is the use of government spending to control the economy known as?
Fiscal Plicy
When does the government maintain spending and taxes at their current rates?
when economy is stable
