Fiscal policy, International Economics

What are the government's fiscal policy options for a recessionary gap caused by cost-push inflation?  Use the aggregate demand-aggregate supply model to show the impact of these policies on price level.

 

 

Posted Date: 2/26/2013 2:26:07 AM | Location : United States







Related Discussions:- Fiscal policy, Assignment Help, Ask Question on Fiscal policy, Get Answer, Expert's Help, Fiscal policy Discussions

Write discussion on Fiscal policy
Your posts are moderated
Related Questions
Explain the Global Firms and the Borderless Global Economy

Q. The United States seems at times to have a totally schizophrenic attitude toward protectionism. The United States was the country that proposed the establishment of the World

Q. Why do governments prefer to avoid excessive current account surpluses? Or, why are growing domestic claims to foreign wealth ever a problem? Answer: On behalf of a given l


Q. How did the international monetary system influence macroeconomic policy-making and performance during the post-World War II years during which exchange rates were fixed under t


2. If a country's growth is biased in favor of its import, this should unequivocally improve its terms of trade and its economic welfare. Discuss. Answer: Suppose the Japan


Q. Explain how an increase in government spending would affect the DD-AA schedule in the short run. Answer: A raise in government spending will raise aggregate demand, which wi