The appropriate fiscal policy to remedy a recession calls for

Assuming the MPC = 0.80 and considering only the multiplier effect, if government taxation increases by $40 billion, then nat...

Assuming the MPC = 0.80 and considering only the multiplier effect, if government spending increases by $40 billion, then nat...

Imagine an economy on its production possibilities frontier. In the long run, what will happen to the equilibrium price level...

. In the short run, what will happen to the equilibrium price level and equilibrium real GDP if the federal government decrea...

In the short run, what will happen to the equilibrium price level and the equilibrium quantity of output if short-run aggrega...

Which of the following shifts the long-run aggregate supply curve to the right?

Which of the following shifts the aggregate demand curve to the right?

If people save more for retirement, holding all else constant, then the immediate effect is the

A business cycle trough is immediately followed by the