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An example of this policy happened during the Great Depression when government spending increased and thousands of job programs were created?
fiscal
During reagans presidency federal spending increased most for?
Ronald Regan increased spending on the military
When can the federal government affect fiscal policy?
The federal government can affect fiscal policy through its budgetary decisions, including changes in government spending and taxation. This typically occurs during the annual budget process, when Congress and the President negotiate and approve spending bills and tax legislation. Additionally, fiscal policy can be adjusted in response to economic conditions, such as during a recession or economic downturn, to stimulate growth or control inflation. Ultimately, these decisions are influenced by economic indicators and policy goals aimed at stabilizing the economy.
Which fiscal policy strategy would the federal government most likely use to stablize the economy?
The fiscal policy strategy that the Federal government would most likely use to stabilize the economy during times of inflation is to raise taxes. However, they could also decrease government spending.
How does deficit spending impact national debt?
Deficit spending is spending money raised by borrowing. It is used by governments to stimulate their economy during times of depression or economic slow-down. Unless the borrowing is repaid, deficit spending will increase the national debt.
How did government spending during the Civil War compare to that during previous years?
During the Civil War government spending tripled compared to previous years. The United States government was forced to take a loan from France.
An important difference between government spending during the Depression and during world war 2 was that?
A
Which terms means the amount by which government revenues are more than government spending during a specific period?
It is nothing but a surplus state of economy in the country which is being the desired state in the minds of classical economists.
How can GDP be calculated from a table of economic data?
To calculate GDP from a table of economic data, add up the total value of all goods and services produced within a country during a specific time period. This includes consumer spending, government spending, investments, and net exports. The formula for GDP is: GDP C G I NX, where C is consumer spending, G is government spending, I is investments, and NX is net exports.
What type of government was in practIce during the age of pericles?
the jury
The theory that government spending should increase during business slumps and curbed during booms is referred to as?
Keynesian Economics
What are the two parts of fiscal policy?
Fiscal policy is a way in which the government can attempt to influence economic activity through spending and taxation. By either increasing spending or decreasing taxes, the government is often attempting to stimulate economic activity during times of recession. By decreasing spending or increasing taxes, the government is trying to slow down economic activity during times of inflation.
What was the pump priming during Roosevelt?
Using government spending to increase purchasing power and stimulate the economy during the Great Depression.
How does Keynesian Economics affect today's nation?
The theory that government spending should increase during business slumps and be curbed during booms.
Which was an example of deficit spending during the war?
An example of deficit spending during world war II was military spending that surpassed the amount of taxes that the government was collecting. The government took great efforts in convincing the American people that rationing was an equitable act.
Which term refers to the government spending more money then they took in during the great depression?
U.S Federal Deficit
How did a decade of Republican government affect the economy?
A decade of republican government put the economy in debt. During Reagan's time the money was spend on defense spending.
