Describe three ways a government policymaker can try to raise the growth in living standards in a society. Are there any drawbacks to these policies?
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- Describe three ways a government policymaker can try to raise the growth in living standards in a society. Are there any drawbacks to these policies? Which one if any do you think is most plausible?Describe three ways a government policy maker can try to raise the growth in living standards in a society. Are there drawbacks to these policies?Which system of taxes is best? Why does that system is the most effective way for the government to generate revenue and maintain our economy's growth?
- Why governments / decision makers try to achieve the stable economic growth and lower inflation? What are key problems which may be encountered when attempting to balance these two objectives?Explain why the government might prefer to provide incentives to private firms to do investment or research and development, rather than simply doing the spending itself?Why governments / decision makers try to achieve the stable economic growth and lower inflation? Evaluate the macroeconomic measures, employing fiscal and/or monetary policies, which could be taken to balance these two objectives.
- Why governments / decision makers try to achieve the stable economic growth and lower inflation? What are key problems which may be encountered when attempting to balance these two objectives? Evaluate the macroeconomic measures, employing fiscal and/or monetary policies, which could be taken to balance these two objectives.The economic theory that states that the economy works best when it is left alone free from government intervention is called _____?Explain whether the given statement is correct or incorrect. Government plays a important role in an economy.
- Explain how the government can use fiscal policy for capital formation in the process of economic development?If a populist government succeeded one that believed in neo-liberalism, what two changes in policy would you expect the government to make? It is a short answer question.Explain how the government can use fiscal policy for capital formation in the process of economic development. Thanks.