0
Progressive taxes. When economy is in a boom, income of people increase, tax collected increases, alleviates the huge rise in consumption. Tax revenue of government also increases.
When economy is facing recession, unemployment results and amount of taxes government collect will reduce due to the lowered income. Government can then use the tax revenue collected previously to induce spending through the use of Govenment expenditure or welfare benefits
Add your answer:
Earn +20 pts
What is the way governments use taxes and spending to stabilize the economy called?
Fiscal Policy
What are the two tools of fiscal policy that governments can use to stabilize an economy?
government spending and taxation
HOW CAN WE STABILIZE THE ECONOMY IN EURPPE?
How can we stabilize economy in europe
Which is not a goal of policymakers pursuing to stabilize the economy?
Stable productivity is not a goal of policymakers pursuing to stabilize the economy. The economy, broadly defined, is the wealth and resources of a nation.
What initial actions did Roosevelt take to stabilize the economy?
no
What is the way governments use taxes and spending to stabilize the economy called?
Fiscal Policy
What are the two tools of fiscal policy that governments can use to stabilize an economy?
government spending and taxation
HOW CAN WE STABILIZE THE ECONOMY IN EURPPE?
How can we stabilize economy in europe
Which is not a goal of policymakers pursuing to stabilize the economy?
Stable productivity is not a goal of policymakers pursuing to stabilize the economy. The economy, broadly defined, is the wealth and resources of a nation.
How were the effects of the Great Depression in Germany and Soviet Union reduced by their fascist and communist governments?
By wielding complete control over all aspects of the economy, dictators were able to stabilize their economies.
Were the effects of the Great Depression in Germany and the Soviet Union reduced by their fascist and communist governments?
By wielding complete control over all aspects of the economy, dictators were able to stabilize their economies.
Why did Eisenhower stabilize the economy?
because he is a wierd do
What is a sentence with stabilize?
Efforts to stabilize the country's economy have been successful over the past year.
What helped stabilize the economy of the Virginia colony?
Tobacco
What initial actions did Roosevelt take to stabilize the economy?
no
What is the governments role in the traditional economy?
This answer is that the governments role is very little
Did the Phoenician alphabet stabilize the economy?
No, it gave a means of written communication.
