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Business Government fiscal policy and the economy

1. Fiscal Policy and the EconomyAS Macro – Autumn 2013 08:04 2. What is fiscal policy? • Fiscal policy involves the use of government spending, taxation and borrowing…

Economy & Finance National income

1. Chapter 16National Income 2. Lecture Plan • Objectives • Circular Flow of Economic Activities and Income – Two Sector Model – Four Sector Model• • • •…

Business 16. fiscal policy

1. Fiscal Policy 2. Or, the decisions made Hereand Here 3. What is it? Policy carried out by the government with the purpose of stabilizing the economy. s comes to us from…

Economy & Finance Unit 4

1. UNIT 4 MACRO ECONOMICSUNIT 5 AGGREGATE SUPPLY AND ROLE OF MONEY 2. RECAP• As for now we learned various aspects ofmicro economics– Demand– Supply– Cost of production–…

Documents C HAPTER 14 M ONEY AND THE E CONOMY. © 2011 Cengage Learning. All Rights Reserved. May not be...

Slide 1C HAPTER 14 M ONEY AND THE E CONOMY Slide 2 © 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible…

Documents : Next page Copyright 2003 South-Western Thomson Learning. All rights reserved. Working With Our...

Slide 1: Next page Copyright 2003 South-Western Thomson Learning. All rights reserved. Working With Our Basic Aggregate Demand/Supply Model Starter: Draw the business cycle.…

Documents I. AD/AS Model To Analyze changes in real GDP & price level simultaneously Provides insights on...

Slide 1 Slide 2 Slide 3 I. AD/AS Model To Analyze changes in real GDP & price level simultaneously Provides insights on inflation, unemployment, & economic growth…

Documents AE equilibrium At full employment, real GDP equals potential GDP and the unemployment rate equals...

Slide 1AE equilibrium At full employment, real GDP equals potential GDP and the unemployment rate equals the natural unemployment. Y = Y FE u c = 0 g 3% 2% u 5% Potential…

Documents AD and AS. AGGREGATE DEMAND (AD): The quantity of real GDP demanded (total quantity of G&S that all....

Slide 1AD and AS Slide 2 AGGREGATE DEMAND (AD): The quantity of real GDP demanded (total quantity of G&S that all buyers in an economy want to buy) at different price…

Documents Copyright © 2011 Pearson Addison-Wesley. All rights reserved. Chapter 11 An Introduction to Open...

Slide 1Copyright © 2011 Pearson Addison-Wesley. All rights reserved. Chapter 11 An Introduction to Open Economy Macroeconomics Slide 2 Copyright © 2011 Pearson Addison-Wesley.…