Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

(4a) In the News: Based on your reading, think of ways in which the Government is actively involved with the purpose of changing the economy with regard to unemployment or inflation (or deflation). Do...

1 answer below »

(4a) In the News: Based on your reading, think of ways in which the Government is actively involved with the purpose of changing the economy with regard to unemployment or inflation (or deflation). Do you agree that the Government ought to be involved? Why or why not?

Use the key word "economic news" in a Google search to find an appropriate news story or article that illustrates the ideas presented in the reading for this week.

Write a 3 to 5 paragraph summary of the information and also explain how it relates to what you have just learned. Do not copy and paste directly from the article except for small quotes that help explain your summary.

Answered Same Day Dec 26, 2021

Solution

Robert answered on Dec 26 2021
120 Votes
1

Government plays an important role in changing the economic conditions of the country
whether it is concerned with rising employment rate or to reduce the inflationary pressure.
Government takes measures in the form of fiscal policy such as reducing tax rates which
ultimately pushes up the disposable income of the individuals leading to rise in consumer
spending. As a result, there is rise in production activities in business sector and employment
opportunities rise. It is one of the prime functions of government to smoothen out any extreme
economic conditions prevailing in the economy such as recessionary situation otherwise the
situation might have become even worse. For instance, during the economic...
SOLUTION.PDF
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here
Attach File