Fiscal policy Group: mm-72


Download 342.1 Kb.
bet7/19
Sana09.01.2022
Hajmi342.1 Kb.
#258015
1   2   3   4   5   6   7   8   9   10   ...   19
Bog'liq
Fiscal policy

SRAS

LRAS

real GDP


Recessionary Gap

Pfe


Yfe

P2

Y2



AD1

AD2


Assume an economy is experiencing a recessionary gap as seen here:

Expansionary Fiscal Policy

 

The Role of Fiscal Policy – During a Recession



Determining the size of a tax cut or of an increase government spending needed to move an economy in recession back towards is full employment level depends on the size of the recessionary gap and the size of the spending multiplier

PL


Download 342.1 Kb.

Do'stlaringiz bilan baham:
1   2   3   4   5   6   7   8   9   10   ...   19




Ma'lumotlar bazasi mualliflik huquqi bilan himoyalangan ©fayllar.org 2024
ma'muriyatiga murojaat qiling