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Orlov [11]
4 years ago
13

Explain how a government is able to slow down or speed up the economy’s rate of growth. (Site 1)

Social Studies
2 answers:
IgorLugansk [536]4 years ago
5 0

Answer: By adjusting spending and tax rates (known as fiscal policy) or managing the money supply and controlling the use of credit (known as monetary policy), it can slow down or speed up the economy's rate of growth and, in the process, affect the level of prices and employment

Explanation:

Stella [2.4K]4 years ago
5 0

Answer: The goverment is able to slow down or speed up the economy's rate of growth by adjusting and spending tax rates r managing the money supply and controlling the credit people use. In the process of this speeding up and slowing down groth rate it also affects the level of prices.

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