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Decks in this class (19)
1) Interaction of AD and AS - MMT
Before drawing an ad curve or an ...,
Higher prices relate to for firms,
When as ad the economy is at
11
cards
2) Changes in AD/AS affecting macroeconomic indicators -MMT
If ad increases ad curve will,
What causes an ad shift right,
What are the most commonly used e...
18
cards
3) The Multiplier And The Accelerator - MMT
Injections increase ad if dyson w...,
If the government committed to bu...,
What is the multiplier sometimes ...
12
cards
4) The Size Of The Multiplier - MMT
Why are economists and government...,
How is the multiplier calculated,
What does mpc stand for
36
cards
5) Output Gaps - MMT
The size of the multiplier depend...,
What can leakages depend on savin...,
What can leakages depend on taxat...
13
cards
6) Evaluate Causes And Consequences Of Output Gaps - MMT
How can negative output gaps be c...,
How can negative output gaps be c...,
How can negative output gaps be c...
22
cards
9) Fiscal Policy 2: The Budget - MMT
What is a budget,
When where do governments announc...,
What are the 3 key things to look...
23
cards
10) Fiscal Policy 3: Different Types Of Deficit - MMT
What is the size of the deficit i...,
In a boom how does this influence...,
In a recession how does this infl...
23
cards
8) Fiscal Policy 1: G&T - MMT
What is fiscal policy,
When and where do governments ann...,
What is a budget
36
cards
11) Fiscal Policy 4: Debt
How long does a budget deficit last,
What happens to the deficit after...,
What is the most common way for t...
26
cards
1) Balance of payments - MB
Define balance of payments,
Define current account of the bal...,
Define the financial account of t...
24
cards
2) Balance Of Payments 2 - MB
What are the causes of a deficit ...,
What are the causes of a deficit ...,
What are the causes of a deficit ...
21
cards
3) Monetary Policy - MB
Define monetary policy,
Define money supply,
What does the central bank do
19
cards
4) Monetary Policy 2 -MB (watch a Video On Interest Rates And Quantative Easing)
If interest rates increase from 4...,
If interest rates increase from 4...,
Eg the bank of england s monetary...
21
cards
7) Implementing Policies - MMT
What is macroeconomics the study of,
What is central of macroeconomics,
Every government will set a numbe...
28
cards
12) CROWDING OUT (AND IN) - MMT
The uk like most countries regula...,
What is the government s borrowin...,
What are the different approaches...
24
cards
13) Fiscal Policy 6: Taxation Rates And Tax Revenue
What 2 types of taxes are there,
What is a direct tax,
What is an indirect tax
28
cards
14) Fiscal Policy: Effectiveness Evaluated
What is good about fiscal policy,
How is fiscal policy more direct ...,
Why is it good that fiscal policy...
25
cards
15) Fiscal Policy - Effectiveness (2)
Which policies are demand or supp...,
What is the aim of supply side po...,
What is the type of diagram calle...
19
cards
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Economics - February-April
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