Tools of fiscal policy to stabilize the economy

Assignment Help Business Economics

Reference no: EM13794073

Using the example of Hurricane Katrina, an natural disaster that took place in the U.S. which had a major economic impact--.

What effect would this event have on AD or AS, other things being constant?

What would be the resulting effect on equilibrium price level?

Explain. What will be the effect of the different tools of fiscal policy to stabilize the economy?

Give an example of a built-in stabilizer and explain how it would work to reduce this rise or fall in the level of AD.

Reference no: EM13794073

Questions Cloud

How are people labeled as socially deviating : Analyze the deviance, using terms such as primary deviance, secondary deviance, retrospective labeling, and stigma.

Complete a strategic plan for organization : Complete a strategic plan for your organization. Company background, organizational mission, vision, and value statements

Internet to help you accomplish a task : What is one example of information you looked up on the internet to help you accomplish a task?

What are the essential components of a marketing plan : What are the essential components of a marketing plan

Tools of fiscal policy to stabilize the economy : What would be the resulting effect on equilibrium price level - explain. What will be the effect of the different tools of fiscal policy to stabilize the economy?

How would you explain writing situation and its importance : How will this reading change how you approach assignments, if at all? How would you explain the writing situation and its importance to a fellow CSU student?

Sound practice for treating wastewater issues : What is the logic behind the statement? Do you believe this is a sound practice for treating wastewater?

Illustrate your understanding of how social justice : Illustrate your understanding of how social justice is conceived in each with a concrete example of an injustice, i.e. a practice or reality that fails to achieve the vision of justice in the theory you chose.

How has the internet affected marketing research : How has the Internet affected marketing research

User Account

All Pages