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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 339 Weeks Ago, 6 Days Ago |
| Questions Answered: | 19234 |
| Tutorials Posted: | 19224 |
MBA (IT), PHD
Kaplan University
Apr-2009 - Mar-2014
Professor
University of Santo Tomas
Aug-2006 - Present
Homework
1)Â Define MPC(marginal propensity to consume) and MPS(marginal propensity to save)
2) Define multiplier effects, based on Keynesian Fiscal policy.
3) When economy falls into a recession, what kind of fiscal policy is needed? Give a specific tool of fiscal policy.
4)Discuss the long run effects of "Crowding out" due to a short run expansionary fiscal Policy.
5) Treasure Hunt:Â
a) Go to www.cengage.com/sso (Links to an external site.)Links to an external site.  web site. At Bookshelf of Arnold economics of 11th edition, click Economics Course Mate of Economics(11th ed) by Roger A Arnold . Then, click "select chapter" for Ch 11  and try Ch11: Fiscal policy  to get access to " Video Office hours  " left menu bar.    Summarize the contents of "Video Office hours". (3 points)
b) Summarize the contents of "Working with Diagrams" of Ch 8 , 9 ,  10  and 11 at  www.cengage.com/sso (Links to an external site.)Links to an external site.
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