Q: Which economic policies did Ronald Reagan pursue as president?
A: Ronald Reagan was the 40th President of the United States who has a major contribution in the…
Q: Using your own example explain how the macroeconomic objectives of a government might conflict.
A: Macroeconomic objectives might conflict For example if inflation is reduced unemployment would…
Q: Is capitalism humane?
A: Capitalism can be defined as a system which is owned and controlled by the private sector or owners…
Q: Describe three ways a government policymaker can try to raise the growth in living standards in a…
A: Living standards are the quality of living, comfort, wealth, and other necessities of a specific…
Q: What can government do to stimulate the economy?
A: To stimulate the economy, the government will implement expansionary fiscal policy.
Q: Explain economic impacts of democracy?
A: When a nation transforms from a non-democratic system to a democratic one, it often experiences a…
Q: Describe the public policy cycle? Support your answer with examples.
A: The course of public approach has various stages which communicate in a powerful manner:…
Q: Is there a need for the government to talk about Economics in layman's term? Justify and explain.
A: Government. in general, is known as the authority that is meant to make major decisions regarding…
Q: Which school of economic thought was adopted by FDR in the 1930s?
A: President Franklin D. Roosevelt stated that he would help all the people who are at the bottom of…
Q: Generally speaking, which type of government is associated with greater economic freedom? A)…
A: A socialist economy is an arrangement of production where labor and products are delivered…
Q: John Maynard Keynes
A: John Maynard Keynes is the father of Keynesian economics. He gave the short-run mechanism of…
Q: Why are good policies and programs important in states?
A: In different states, there are different types of government to manage the socio-economic activities…
Q: what did adam proposed that government should do to help the economy
A: Government is a very important economic unit. It controls an economy and provides various resources…
Q: Which is a more serious problem between market failure and government failure?
A: Government intervention to resolve market failures, and to manage the macroeconomy, can fail to…
Q: How do taxes influence the four sector model?
A: Households, businesses, government, and foreign trade are all part of a four-sector economic…
Q: C. government policies will be ineffective and counterproductive.
A: Answer C) government policies will be ineffective and counter productive
Q: How is it possible to bear a cost without realizing it? What are some examples of policies that…
A: Costs are the expenses one has to incur either in the production activities or during the purchase…
Q: According to Adam Smith who should manage the economy for the nation? Why?
A: An economy refers to the management of the country's money, trade activities, industrial…
Q: Describe how government economic policies play a role in the economy? with details and sources?
A: Government policy plays important role in developing economic growth because every activity and…
Q: How is the success of economic policy measured?
A: There are various measures adopted by an economy to monitor its success or growth. Some examples…
Q: What are the demerits of a socialistic economy only 2 demerits.
A: According to the given question In simple words we can say that a socialistic economy is a type of…
Q: Why could an economy function without government help? Use 3 evidence
A: Beyond contract regulation and the provision of public goods, government intervention is any action…
Q: write an essay about neoliberalism, marketization, or exclusion?
A: Summary- Neoliberalism is contemporarily used to allude to showcase situated change approaches, for…
Q: How democracy effect economy of any country? Explain with logical examples.
A: In democratic country the people of the nation have the power to decide the institution, and the…
Q: What are the major tenets of neoliberal economic policy?
A: Neoliberal school of thought has evolved post 1980s after Keynesian economics era had gone.…
Q: Which type of economic system do you support? Why?
A: The mixed economic system, market economic system, and the command economic system are the three…
Q: What is the relation between the government and the production process?
A: Government has complete command on the production process and organizations. As it sets rules, laws…
Q: What role of government do you think is the most important from an economic perspective and why?
A: In a market economy, there exists an economic role for government where the benefits of the policy…
Q: Give an example of a sustainable government project (or program) that may boost the South African…
A: Answer: The South African government has taken various steps to boost the South African economy…
Q:  Should the Government be more or less involved in the economy
A: Modern day economy is hybrid in nature throughout the world where private sector and government…
Q: How and why do institutionalists argue that institutions change the behavior of states?
A: Institutionalists may be from government or from private sector. Institutions are very important for…
Q: Why is “how to produce” a problem in every economy?
A: The central problems all the economies around the world face are "What to produce, how to produce,…
Q: Could an economy function without government intervention and what difference does government…
A: Economic systems are classified into three types: free market, mixed, and command. The decisive…
Q: What is the Economic Disaster?
A: Meaning of Economic Disaster or Economic Crisis: The economic crisis generally occurs when there…
Q: explain when and how the government intervenes in the economy
A: In a free market economy, the resources of production are usually owned by the private individuals…
Q: The economic theory that states that the economy works best when it is left alone free from…
A: According to the given question Economic theories as stated as that theories which are very useful…
Q: What role of government do you thỉnk is the most important from an economic perspective and why?
A: The economics as a study is associated with the use of resources, where the resources with the…
Q: What are the ways in which a government policymaker can try to raise the growth in living…
A: The legislation, executive, and judicial are the three branches of government that govern an…
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