Mời các bạn cùng tham khảo tài liệu "Chapter 34: The influence of monetary and fiscal policy on aggregate demand" dưới đây để có thêm tài liệu thử sức mình trước kỳ thi. Tài liệu gồm những câu hỏi bài tập bằng tiếng Anh về ảnh hưởng của tiền tệ và chính sách tài chính theo nhu cầu tổng hợp.
This chapter define fiscal policy and describe fiscal goals and instruments at the macroeconomic, sectoral and microeconomic levels; discuss the evolution of views on the macroeconomic role of fiscal policy, focusing on the distinction between the Keynesian and structural approaches and the choice between discretionary and rulesbased fiscal regimes; distinguish between the various definitions of budget balance and explain the economic significance of each;...
In chapter 10 you will learn: What fiscal policy is and what it is used for; what discretionary fiscal policy is and its function; about the economy’s built-in stabilizers; what a cyclically adjusted budget is; the problems, criticisms, and complications of fiscal policy.
This chapter explores the tools of government stabilization policy in terms of the aggregate demand-aggregate (AD-AS) model. Next, the chapter examines fiscal policy measures that automatically adjust government expenditures and tax revenues when the economy moves through the business cycle phases. The recent use and resurgence of fiscal policy as a tool are discussed, as are problems, criticism, and complications of fiscal policy.
After studying this chapter you will be able to: Describe and model discretionary and nondiscretionary fiscal policy using an aggregate supply and aggregate demand diagram, distinguish between aggregate demand and aggregate supply shocks, acknowledge and enumerate the problems associated with discretionary fiscal policy, describe nondiscretionary fiscal policy as the mainstay of our current macroeconomic system.
After reading this chapter, you should be able to: Identify and explain the purposes, tools, and limitations of fiscal policy; explain the role of built-in stabilizers in moderating business cycles; describe how the cyclically-adjusted budget reveals the status of U.S. fiscal policy; discuss the size, composition, and consequences of the U.S. public debt.
The main contents of this chapter include all of the following: Monetary theory, tradeoff faced by the Fed, economic indicators monitored by the Fed, lags in monetary policy, assessing the impact of monetary policy, integrating monetary and fiscal policies, global effects of monetary policy.
Tiểu luận: Chính sách tài khóa và tăng trưởng: bằng chứng từ các nước Oced - Fiscal policy and growth: evidence from Oecd countries nhằm giới thiệu lý thuyết dự án, bằng chứng thực nghiệm hiện có, phương pháp luận thực nghiệm và kết quả, dữ liệu và phương pháp luận.
The budget deficit equivalent to total government spending
tax minus total government spending revenue.If
income tax independently, but depend on the net
– the government’s decisions about spending and
• Stabilisation policy
– government actions to try to keep output close to
its potential level
• Budget deficit
– the excess of government outlays over
• National debt
– the stock of outstanding government debt
Đề tài Fiscal policy and growth: evidence from OECD countries nhằm sử dụng mô hình tăng trưởng nội sinh nhằm xác định tác động cấu trúc thuế và chi tiêu CP lên tăng trưởng. Chỉ ra sai sót của các nghiên cứu trước và khắc phục, kiểm tra tính ổn mô hình bằng cách chia nhỏ các mục thuế và chi tiêu.
For the applied economist, the confident and apparently successful application of Keynesian
principles to economic policy which occurred in the United States in the 1960s was an
event of incomparable significance and satisfaction. These principles led to a set of simple,
quantitative relationships between fiscal policy and economic activity generally, the basic
logic of which could be (and was) explained to the general public and which could be applied
to yield improvements in economic performance benefitting everyone.
In this chapter you will learn the theory of liquidity preference as a short-run theory of the interest rate, analyze how monetary policy affects interest rates and aggregate demand, analyze how fiscal policy affects interest rates and aggregate demand, discuss the debate over whether policymakers should try to stabilize the economy.
In this chapter, you will learn to: Can Congress fight a recession without taking any action? Why did Ronald Reagan think the federal government could increase tax revenues by cutting taxes? Is an increase in government spending or a tax cut of equal amount the greater stimulus to economic growth?,...
Chapter 7 - Monetary and fiscal policy. This chapter compare monetary and fiscal policy, compare monetary and fiscal policy, explain the money creation process, describe functions and definitions of money, describe theories of the demand for and supply of money, describe the roles and objectives of central banks,...
This chapter include objectives: The deflationary gap, the inflationary gap, the multiplier and its applications, automatic stabilizers, discretionary fiscal policy, budget deficits and surpluses, the public debt.
Chapter 30 - Fiscal policy, deficits, and debt. This chapter explores the tools of government stabilization policy in terms of the aggregate demand-aggregate (AD-AS) model. Next, the chapter examines fiscal policy measures that automatically adjust government expenditures and tax revenues when the economy moves through the business cycle phases. The recent use and resurgence of fiscal policy as a tool are discussed, as are problems, criticism, and complications of fiscal policy.
Chapter 18 - Spending, output, and fiscal policy. After completing this unit, you should be able to: Identify the key assumptions of the basic Keynesian model and explain how this affects firms' production decisions; discuss the determination of planned investment and aggregate consumption spending and how these concepts are used to develop a model of planned aggregate expenditure; analyze how an economy reaches short-run equilibrium in the basic Keynesian model, using both numbers and graphs,…
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.