Recession Growth Increasing government spending Decreasing government spending Decreasing taxes Increasing taxes Increasing the federal budget surplus Increasing the federal budget deficit Recession Growth Decreasing government spending Increasing government spending Increasing taxes Increasing the federal budget deficit Decreasing taxes Increasing the federal budget surplus

Q: 1. Using the chart above, write a short description highlighting positive and negative indicators of…

A: Economy: It is the structure or conditions of economic life in a country,

Q: The political business cycle refers to   The ups and downs in the overall business activity of…

A: Political economy is a discipline of social science that studies the interactions between people,…

Q: Stagflation is caused by an increase in cost-push inflation. The increase in costs can be caused by…

A: Given the statement is Stagflation is caused by an increase in cost-push inflation. The increase in…

Q: Nations with very high rates of inflation (over 100 % per year) typically     a) are more advanced…

A: Inflation is the increase in price and decline in the purchasing value of money.

Q: A government will choose to increase spending: Multiple Choice a) to stimulate the economy. b) if…

A: When talking about government intervention it can be said that it refers to actions taken by a…

Q: Refer to the setup of 2 questions ago.  An increase in government spending would Group of answer…

A: Government spending is the amount of money spent by the government on purchasing products and…

Q: Like any economic crisis, unemployment rises, aggregate income falls, and tax collections drop…

A: The national debt rises when a country's government makes extra borrowings. The unemployment rate is…

Q: A Moving to another question will save this response. Question 6 An increase in government spending…

A: An increase the government spending is one of the part of fiscal policy. Which in turn affects the…

Q: Nations with very high rates of inflation( over 100% per year) typically a) have zero national…

A: Inflation is the rise of price of goods and services used by consumer. Inflation rate is the…

Q: High tax rates that put money into the government's funds tend to slow spending, and ultimately slow…

A: Tax: The word tax refers to the compulsory payment which is imposed by the government. It is also an…

Q: Describe a situation in an economy that John Maynard Keynes would believe needs government support.…

A: John Maynard Keynes was the well-known economists whose theories and models are still studied and…

Q: Can you compare and contrast the main points of the great recession and the great depression?

A: The great recession is situation of lower economic activity or a movement from the highest peak of…

Q: During the past five decades, there has been a shift in the composition of the federal budget toward…

A: The government budget represents the spending plans of the government of an economy for a given…

Q: If a populist government succeeded one that believed in neo-liberalism, what two changes in policy…

A: Post the financial crisis of 2008 there is a rise of populist parties in both developed and…

Q: If the government wants to increase real GDP levels, it could

A: Through fiscal policy government can increase real gdp.

Q: The new round of tax cuts is supposedly intended as post-terror economic stimulus. But recent…

A: Unemployment rate: The active participants of the labor force not being associated with any jobs or…

Q: Which of the following is NOT a way for governments to increase FDI? O Increase value-added taxes or…

A: The FDI creates the work and the growth of the economy in the domestic country and it transfers…

Q: growth, low inflation and low unemployment are Esses.

A: Achieving economic profit, low inflation and low unemployment are the main objectives of every…

Q: Which of the following policies does not make any economic sense? Group of answer choices lowering…

A: A boom refers to a time of increased economic activity within a sector, a corporation, an industry,…

Q: The government runs a large budget deficit (and nothing else changes): a)Inflation stays the same…

A: Budget deficit refers to a situation when the government has outlined the budget and its division…

Q: Are federal purchases higher today as a percentage of GDP than they were in 1960?

A: Government purchases are one of the components of aggregate demand in an economy. Aggregate demand…

Q: Consumer spending fell significantly at the start of the pandemic by 13.6%, but increased by 5.6% in…

A: A recession is characterized as a prolonged period of low or negative real GDP (output) growth,…