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Category > Economics Posted 03 May 2017 My Price 8.00

Keynesian model

  • Respond to each short answer question using two to three well-constructed paragraphs containing specific details and examples that support your understanding of the concepts.
  • No Grammar, punctuation, and spelling errors. Proper English must be used for sentence structure and organization.
  • No Plagiarism !!!!

 

 

1. According to the Keynesian model, what are the two components of consumption spending? What factors determine how consumption changes when real disposable income changes? Explain. 

2. Suppose that the government pursues expansionary fiscal policy by lowering taxes. What are the expected demand-side effects? What are the possible offsets to the demand-side effect? How might supply-side effects change these results? 

3. Explain the differences between the public debt and the government budget deficit. Explain how deficit spending could be a burden to future generations. 

4. What are the direct and indirect effects of an increase in the money supply? 

5. What are the effects of a tariff on a good?

Answers

SuperTutor
(15)
Status NEW Posted 03 May 2017 12:05 AM My Price 8.00

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file 1493774091-Solutions file.docx preview (56 words )
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