What can the government do to increase GDP?

What can the government do to increase GDP? A government can try to influence the rate of economic growth through demand-side and supply-side policies, Expansionary fiscal policy – cutting taxes to increase disposable income and encourage spending. What is the GDP of Saudi Arabia 2020? 701.47 billion How much of Saudi Arabia GDP is from […]

How did nationalism affect Germany and Italy?

How did nationalism affect Germany and Italy? -Nationalism became the most significant force for self-determination and unification in Europe of the 1800’s. Nationalist began to form secret societies throughout Italy. Unification was the goal of groups such as the Young Italy Movement led by Giuseppe Mazzini who called for the establishment of a republic. What […]

What was the significance of the 1876 election?

What was the significance of the 1876 election? It was one of the most contentious presidential elections in American history, and gave rise to the Compromise of 1877 by which the Democrats conceded the election to Hayes in return for an end to Reconstruction and the withdrawal of federal troops from the South. What was […]

How do you measure economic instability?

How do you measure economic instability? Key Measures of Economic Stability Changes in the GDP over time provide a measure of stability. The GDP measures the total output of a nation’s economy in inflation-adjusted monetary terms. Other measures of economic stability include consumer prices and the national unemployment rate. What causes economic instability? An increase […]

What are the 3 types of productive resources?

What are the 3 types of productive resources? There are three kinds of productive resources: human, natural, and capital. Human resources are the strength, education, and skills of people. Natural resources are the gifts of nature that are used to produce goods and services. What are 4 types of productive resources? Transcript. The factors of […]

What groups benefit from inflation?

What groups benefit from inflation? Inflation means the value of money will fall and purchase relatively fewer goods than previously. In summary: Inflation will hurt those who keep cash savings and workers with fixed wages. Inflation will benefit those with large debts who, with rising prices, find it easier to pay back their debts. How […]

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