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If investment expenditures decrease, what happens to aggregate demand and the aggregate demand curve? What happens to Real GDP? How does the Aggregate Demand multiplier
- If investment expenditures decrease, what happens to aggregate demand and the aggregate demand curve? What happens to Real GDP? How does the Aggregate Demand multiplier affect what happens?
- Describe two things that can increase the size of the aggregate demand multiplier.
- Explain how taxes in the US economy can be both an automatic fiscal policy and a discretionary fiscal policy.
- If the Federal Reserve wants to close a recessionary (deflationary) gap (real GDP is less than potential GDP), should it buy or sell government securities? Why?
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Crashed How A Decade Of Financial Crises Changed The World
Authors: Adam Tooze
1st Edition
0143110357, 9780143110354
