2006-08-17 14:12:40 · 5 answers · asked by shih rips 6 in Education & Reference ➔ Homework Help
government and the economy work together in a certain way. Government has to provide the wellfare of their citezens and therefore try to stabalize the economy, u may know these terms, unemployment, inflation, social security, interest rate, taxes. The govt has a branch which takes care of this through monetary policy, increase or decrease of interest rates through sale of treasury bonds and so on... Hope it was able to help a little
2006-08-17 14:28:08 · answer #1 · answered by Danny 2 · 0⤊ 0⤋
the government sets the minimum wage, how much of your income they take away and the interest rates on loans, they also have the power to freeze the stock market if prices fall too quickly, they regulate tariffs, and duties on all (legally) imported/exported goods. . . . they have quite a bit of pull on the economy, even if you're not aware of it
2006-08-17 21:28:24 · answer #2 · answered by The One and Only 3 · 0⤊ 0⤋
It depends on the system of government.
2006-08-17 21:19:16 · answer #3 · answered by atwil 5 · 0⤊ 0⤋
People have devoted their careers to this question... I'm not about to!
2006-08-17 21:18:18 · answer #4 · answered by Brad C 2 · 0⤊ 0⤋
taxes ,trade, rate for home mortage,corp welfare
2006-08-17 21:19:03 · answer #5 · answered by Anonymous · 0⤊ 0⤋