Don't lose your points!
Sign up and save them.
+
Chapter 29 Fiscal Policy

Chapter 29 Fiscal Policy

Author: Matthew Lonn
Description:

Students will examine expansionary government policy and contractionary government policies and how they are implemented to close recessionary and inflationary gaps.

(more)
See More
Fast, Free College Credit

Developing Effective Teams

Let's Ride
*No strings attached. This college course is 100% free and is worth 1 semester credit.

28 Sophia partners guarantee credit transfer.

281 Institutions have accepted or given pre-approval for credit transfer.

* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 25 of Sophia’s online courses. Many different colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.

Tutorial

Questions you should be able to answer after the lesson.

How does fiscal policy differ from monetary policy and the classical approach to economics?

What is the difference between contractionary and expansionary fiscal policy?

What are specific examples of contractionary policies?

What are specific examples of expansionary policies?

Why would governments use the multiplier when trying to close a recessionary or expansionary gap?

Chapter 29 Notes

Fiscal policy explained with graphs.

John Maynard Keynes on Fiscal Policy