discretionary 1. What is the difference between discretionary and nondiscretionary nondiscretionary fiscal policy? expansionary 2. What is the cause-effect.
I. AD/AS Model To Analyze changes in real GDP & price level simultaneously Provides insights on inflation, unemployment, & economic growth Aggregate.
Aggregate Demand/Aggregate Supply The Alpha and Omega of Macroeconomics Graphs.
1.Gross domestic product 2.The business cycle 3.The U.S. economic record 4.Aggregate demand curve 5.Aggregate supply curve 6.Equilibrium GDP and price.
Fiscal and Monetary Policy Effects Outline: 1.What is fiscal and monetary policy and how do they work? 2.The Federal Budget 3.Principles of taxation 4.The.
Chapter 10 Bringing in the Supply Side: Unemployment and Inflation? We might as well reasonably dispute whether it is the upper or the under blade of a.
