Why doesn't the government print money in order to solve its debt problems?
Government could print more money, but this would lead to a highly inflationary economy, which would in turn deeply undermine public confidence in the government and the stability of the market.
You might also like to view...
All of the following were important structural changes in American capitalism during the period 1960–95 except
(a) New technology in the form of automated (machine-guided) production processes (b) A capital-labor accord which allowed workers to share in productivity gains through wage increases, particularly during the 1950s and 1960s (c) An increase in self-sufficiency as the nation reduced its economic interdependence with other nations (d) A large and central role for government in directing the post-war economy
If there is a surplus in the oil market, then the price of oil will:
A. rise. B. fall. C. remain unchanged. D. react unpredictably.