demand-side policies correct answers designed to increase or decrease total demand in the economy
fiscal policy correct answers use of government spending and revenue collection to influence the economy
keynesian economics correct answers government spending and taxation policies suggested by...
Econ Standard 7(Completely solved)
demand-side policies correct answers designed to increase or decrease total demand in the economy
fiscal policy correct answers use of government spending and revenue collection to influence the
economy
keynesian economics correct answers government spending and taxation policies suggested by John
Maynard Keynes to stimulate the economy
John Maynard Keynes correct answers Instrumental in the planning of the World Bank
(1883-1946)
GDP=C+I+F+G correct answers Output expenditure model
G= correct answers Government spending which offsets I
C= correct answers consumer spending
F= correct answers foreign sector which is where other buy from us and we buy from others
I= correct answers Investment of businesses
multiplier correct answers magnified change in overall spending caused by a change in investment
spending
accelerator correct answers -lead economy in a downward spiral
-can change in the investment spending caused by a change in overall spending
the government directly counterbalances the changes in investment-sector spending by correct answers
major construction or rehabilitation projects
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