<span>Stimulus strategy is the increasing of monetary expenses to kick start economic growth during recession which can be accomplished by the government by lowering interest rates, increasing government spending and quantitative easing. While the Austerity strategy is the reduction of government expenses to balance the budget through spending cuts, tax increases, or both.</span>
Stay on task, late work stacks up fast. Don't be afraid to ask questions. Don't wait to study until right before the test, spread out studying throughout the unit. From someone taking two AP classes, they aren't easy but with hard work, they are worth it in the end.
Answer:
Explanation:The Economic Issues series aims to make available to a broad readership of nonspecialists some of the economic research being produced in the International Monetary Fund on topical issues. The raw material of the series is drawn mainly from IMF Working Papers, technical papers produced by Fund staff members and visiting scholars, as well as from policy-related research papers. This material is refined for the general readership by editing and partial redrafting.
The following paper draws on material originally contained in IMF Working Paper 97/42, "Deindustrialization: Causes and Implications," by Robert Rowthorn, Professor of Economics, Cambridge University, and Ramana Ramaswamy of the IMF’s Research Department. Neil Wilson prepared the present version. Readers interested in the original Working Paper may purchase a copy from IMF Publication Services
