Macro Chapter 16
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show | the use of government's budget tools, government spending, and taxes to influence the macroeconomy
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show | an increase in government spending or decrease in taxes to stimulate the economy toward expansion
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show | a decrease in government spending or increase in taxes to slow economic expansion
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countercyclical fiscal policy | show 🗑
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marginal propensity to consume (MPC) | show 🗑
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spending multiplier | show 🗑
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automatic stabilizers | show 🗑
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show | phenomenon occurring when private spending falls in response to increases in government spending
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new classical critique | show 🗑
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show | policy that involves the use of government spending and taxes to affect the production (supply) side of the economy
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Laffer curve | show 🗑
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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