AdAs Model Of A Boom Essay Research — страница 2

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the government in a boom phase are likely to be in increasing supply. The government employs policies and initiatives such as export promotion, payment of subsidies, lowering of company tax, and increased depreciation allowances in order to act as a stimulant of production to companies and thus increase total supply. Businesses respond to these initiatives by increasing total supply in the anticipation of increased sales and profits. This results in satisfaction of economic objectives.