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4/2/20

[Answer] What is one characteristic of a command economy? Fiscal Policy: Spending

Answer: The government controls the prices of most goods. Fundamental Economic Concepts




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What is one characteristic of a command economy? Fiscal Policy: Spending What is one characteristic of a command economy ? The government controls the prices of most goods. In a mixed market economy who makes most of the daily economic decisions? individual citizens. Which type of market is the least likely to have an official currency? ... Ad and Cookie Policy … Command Economy Definition & Characteristics Command economy states Command Economy : an economy in which the government has the power over the financial management of the country - a government's budget deficit causes debt to increase . - debt requires a government to pay back more than it has borrowed . - the deficit is the amount a government spends above what it brings in. Spending that is required by law is known as _________ spending. Thu Nov 21 2019 · Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy . It is the sister strategy to monetary policy through which a central bank influences a nation's money supply. These two policies are used in various combinations to direct a country's economic goals. Mon Jan 27 2020 · Fiscal policy is how Congress and other elected officials influence the economy using spending and taxation . It is used in conjunction with the mone...


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