Expansionary Fiscal Policy Flashcards by Anna-mai Smith | Brainscape

Q

What changes

A

Gov spending up

Tax down

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Q

What curve shifts

A

Ad right

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Q

Why does ad increase

A

C up- more disposable income

I up- more retained profits

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Q

What are positive outcomes

A

Growth

Less unemployment

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Q

What are negative outcomes

A

Inflation

BOP worse

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Q

What are evaluation points

A

Time lag
Confidence
Offset

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