Keynesian cross model , economics, Microeconomics

Assignment Help:

For the following assume that b=.95
1, If the economy is short of the full employment level by 1.5 trillion, what could be done in the simple Keynesian cross model to fill the gap? Particularly in terms of fiscal policy instruments? What type of gap is this which needs to be filled.

Related Discussions:- Keynesian cross model , economics

Explain about neoliberalism, Q. Explain about Neoliberalism? Neoliberal...

Q. Explain about Neoliberalism? Neoliberalism: A modern, harsher incarnation of capitalism that became dominant globally beginning in early 1980s, largely as a reaction to inte

Accompanying table , The accompanying table represents the price and yearly...

The accompanying table represents the price and yearly quantity sold of ice cream cones on Sidfield Island. Price of Ice Cream Cones Quantity of Ice Cr

Types of privatisation of the economy, Privatisation in the narrow sense ca...

Privatisation in the narrow sense can take several forms: a) Total Denationalisation: This implies complete transfer of ownership of apublic enterprise to private hands. Some

Comparison with our needs - structure of national income, Comparison with O...

Comparison with Our Needs: We can further test our performance by juxtaposing it with our requirements. Admittedly, it is very difficult to determine 'needed' rate of growth w

Elasticities of demand:, price of laptop increases by 20% and there is a 40...

price of laptop increases by 20% and there is a 40% drop in the quantity demanded?

Advantage in producing a particular good , 1. How can a nation and its...

1. How can a nation and its producers determine whether or not it has a comparative advantage in producing a particular good or service? a 2. The above figure show

Economic champter 1, provide 3 examples of 1210 billionares in the world fa...

provide 3 examples of 1210 billionares in the world face scarcity

What is heterodox economics, Q. What is Heterodox Economics? Heterodox ...

Q. What is Heterodox Economics? Heterodox Economics:Different schools of thought (including post-Keynesian, Marxian, structuralist and institutionalist economics) which reject

How the classical school views the role of markets, Explain the how the cla...

Explain the how the classical school views the role of markets and government intervention in fighting business cycles The classical school believes in the smooth functioning o

Determine the productivity level of us, Determine the productivity level of...

Determine the productivity level of US Those who live in relatively poor regions of the world today have higher material living standards than their predecessors who lived in t

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages