Government & the economy
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Government policies | show 🗑
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| Monetary policy | show 🗑
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| show | 1. Encourage investment
2. Redistribute wealth
3. invest in infrastructure
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| show | Done by the ECB
1. Interest rates
2. supply of money
3. Availability of credit
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| Aim of fiscal policy | show 🗑
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| show | 1. Devaluation (weakening of one currency against another to increaese competitiveness)
2. Revaluation (strengthening of on currency against another)
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| Legislation | show 🗑
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| show | The government can become a competitor or the sole participant in an industry. Some unprofitable yet socially desirable services only exist due to the government ie) Bus routes in West
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| show | Trade balance
Inflation (control)
Growth (sustained)
Employment
Redistribution of wealth
Regional development
Adequate infrastructure
Public finances
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| Economic growth | show 🗑
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| Economic development | show 🗑
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