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1. Fiscal Measures: During the period of boom, decrease in public expenditures, increase in taxes and increase in public debt. On the other hand, during the period of depression, the policy of increase in public expenditures, decrease in taxes and decrease in public debt is adopted by the government.
2. Monetary Measures: Monetary measures mean that control of money and credit supply in the country. When we are facing boom or inflation, the central bank
reduces the total quantity of money in circulation. The bank can adopt different measures like bank rate policy, open market operations and rationing of credit etc.
On the other hand, incase of depression, the central bank can increase the quantity of money by lowering the bank rate or purchasing the securities and discounted the bills of exchange.
3. International measures: Today every country has trade relation with other countries. If there is inflation or deflation in one country, it can be easily be carried top other countries, the example of great depression can be given. Business cycle is an international phenomena and it should be tackled on international level. Different measures have been suggested by the economists to control the business fluctuations effectively. Such as:
(a). Control of international production.
(b). International bill stock control and international investment control.
4. State control of private investment: If the govt. controls the private investment, cyclical fluctuations can be controlled within limits while the other economists who this agree with the above view, they say that private investment will be discouraged. But J.M. Keynes says that if we adopt the middle way we can control the fluctuations.
What else can I help you with?
How did England try control trade with its colonies?
Passing several Navigation Acts
What two ways did the ming emperors affect trade and other contacts with overseas countries?
The Ming dynasty created and expanded trade networks across Asia.
How are computers used in aviation?
In a number of different ways! For pilots, they are used when planning the flights on the ground as well as calculating mass and balance. In the air computers in different formats are used for communicating with the ground control as well as monitoring the flight systems.
What are some examples of how the alphabet evolved and its differences from earlier scripts?
The Phoenician alphabet originated prior to 1050 BCE, and it spread through trade and was borrowed by other peoples, particularly the Hebrews and the Greeks. It evolved in different ways because other languages had different phonologies.
How do different foods affect your body?
different foods affect your body in different ways
Which describe the cycles in nature?
each cycle is connected In different ways
What are the different ways of financing foreign trade?
The different ways of financing the foreign trade include cash in advance, the commercial letter of credit and working capital financing.
What are ways international trade benefits individuals living in different countries?
by farming and less importing
How do you control the use of taxation?
Taxation is when the government adds taxes to different products or services. There are several ways to control the use of taxation one of which is by different laws that are passed.
What is an anaylisis of the different ways abolitionist tried to end slave trade?
they tried and it worked and after everything was sorted
What are two ways international trade benefits individuals living in different countries?
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How are you able to control devices?
The question is not helpful, different devices are controlled in different ways. However most electronic gadgets come with a remote control that allow you to control the item from a distance. Most kitchen based appliances have a control panel on them where you control the device.
How is the phosphorus cycle different from the carbon and nitrogen cycle?
The phosphorus cycle differs from the carbon and nitrogen cycles in various ways. Phosphorus primarily cycles through the lithosphere, while carbon cycles through the atmosphere, hydrosphere, and geosphere, and nitrogen cycles through the atmosphere and biosphere. Phosphorus is often a limiting nutrient in ecosystems, while carbon and nitrogen are more abundant and play larger roles in atmospheric processes.
How did Mesopotamia control of the Trigris and Euphrates Rivers benefit the society?
in what ways did villages work together to control the rivers
What stage of technology design process involves brainstorming and analyzing trade offs for different ways to solve a problem?
The solution stage is the stage of technology design process involves brainstorming and analyzing trade offs for different ways to solve a problem. Constraints must be evaluated for each possible design.
What trade influences do you have?
in what ways did NAFTA influence trade?
What is the best kind of rodent control?
There are many different ways to control your mice problem. The best thing to do is to both poison them and set out mouse traps.
