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  • contractionary-fiscal-policy
OpenStax Principles of Macroeconomics 2e, Government Budgets and Fiscal Policy, Using Fiscal Policy to Fight Recession, Unemployment, and Inflation
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CC BY
OpenStax Principles of Macroeconomics 2e, Government Budgets and Fiscal Policy, Using Fiscal Policy to Fight Recession, Unemployment, and Inflation
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By the end of this section, you will be able to:

Explain how expansionary fiscal policy can shift aggregate demand and influence the economy
Explain how contractionary fiscal policy can shift aggregate demand and influence the economy

Subject:
Applied Science
Material Type:
Module
Date Added:
08/21/2018
MoreLess
OpenStax Principles of Macroeconomics 2e, The Keynesian Perspective, The Phillips Curve
Unrestricted Use
CC BY
OpenStax Principles of Macroeconomics 2e, The Keynesian Perspective, The Phillips Curve
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By the end of this section, you will be able to:

Explain the Phillips curve, noting its impact on the theories of Keynesian economics
Graph a Phillips curve
Identify factors that cause the instability of the Phillips curve
Analyze the Keynesian policy for reducing unemployment and inflation

Subject:
Mathematics
Material Type:
Module
Date Added:
08/21/2018
MoreLess