Growth in the economy:
decreasing taxes
increasing government expenditure
increasing the federal budget deficit
All these will increase the growth of the economy because the demand in the market will increase and that will increase economic activity and business growth too.
Slowing down the economy:
Decreasing the government expenditure
increasing the taxes
increasing the federal budget surplus,
All this will decrease the demand and economic activity in the market.
A market is defined as the aggregate of all buyers and sellers in the region or regions under consideration. A region can be a globe, country, region, state, or city. The value, cost, and price of traded items are governed by the forces of supply and demand in the market.
Activities in the market economy are unplanned. It is determined by the demand and supply of goods and services rather than being organized by a central authority. The US, UK, and Japan are examples of market economies.
Learn more about the market here: brainly.com/question/25717627
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