TAILIEUCHUNG - Lecture Understanding economics (2nd edition): Chapter 12 - Mark Lovewell, Khoa Nguyen

In this chapter, you will: Learn about expansionary and contractionary fiscal policies, which are used by governments seeking economic stability; analyze the multiplier effect of fiscal policy, as determined by the marginal propensities to consumer and withdraw; consider budget surpluses and deficits and their impact on public debt and public debt charges. | Understanding Economics Chapter 12 Fiscal Policy Copyright © 2002 by McGraw-Hill Ryerson Limited. All rights reserved. 2nd edition by Mark Lovewell and Khoa Nguyen Chapter Focus In this chapter, you will: learn about expansionary and contractionary fiscal policies, which are used by governments seeking economic stability analyze the multiplier effect of fiscal policy, as determined by the marginal propensities to consumer and withdraw consider budget surpluses and deficits and their impact on public debt and public debt charges Copyright © 2002 by McGraw-Hill Ryerson Limited. All rights reserved. * Copyright © 2002 by McGraw-Hill Ryerson Limited. All rights reserved. Stabilization Policies (a) Stabilization policy is government policy designed to lessen the effects of the business cycle can be either expansionary or contractionary expansionary policy attempts to reduce unemployment and stimulate output contractionary policy attempts to stabilize prices and reduce output * .

• Kinh tế học
• Understanding economics
• Lecture Understanding economics
• Economic problem
• Economic systems
• Fiscal policy
• Stabilization policies
• Reading and understanding economics
• The international business environment
• Financial markets
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• Featuring the demise
• National income accounts
• Gross Domestic Product
• Consumer price index
• Inflation’s effects
• Economic fluctuations
• Aggregate demand
• Functions of money
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• Monetary policy
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• The foreign sector
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• Foreign trade
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• Economic growth
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• Production possibilities model
• Production possibilities curve
• The demand curve
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• Inelastic demand
• Revenue changes
• Costs of production
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• Perfect competition
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• Introducing economics
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• Understanding business
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• Master Thesis in Economics
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