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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- Why couldn't an economy function without government intervention?Could an economy function without government intervention and what difference does government intervention make?The economic theory that states that the economy works best when it is left alone free from government intervention is called _____?
- Can market intervention by the government make things worse? Are there any other remedies for macroeconomic failure than the government and the markets?To what extent should government influence the economy of a democracy such as the United States?Using your own example explain how the macroeconomic objectives of a government might conflict.