Government Spending and the Business Cycle
Description: Government Spending and the Business Cycle | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: economics government spending business cycle |
What is the primary objective of government spending in relation to the business cycle?
Which type of government spending is most effective in stimulating economic growth during a recession?
What is the term used to describe the automatic increase in government spending during a recession without the need for new legislation?
Which government spending multiplier is typically larger, the government consumption multiplier or the government investment multiplier?
What is the primary objective of government spending during periods of high economic growth?
Which type of government spending is most effective in reducing inflation during periods of high economic growth?
What is the term used to describe the deliberate use of government spending to influence the business cycle?
Which type of fiscal policy is typically used during a recession?
Which type of fiscal policy is typically used during a period of high inflation?
What is the term used to describe the combined effect of government spending and taxation on the economy?
Which branch of government is primarily responsible for setting fiscal policy?
What is the term used to describe the automatic increase in government revenue during periods of economic growth?
Which type of government spending is most effective in reducing unemployment during a recession?
What is the term used to describe the deliberate use of government spending and taxation to influence the business cycle?
Which type of fiscal policy is typically used during a period of high unemployment?