Textbook notes
AD-AS Model & Fiscal Policy (Ch. 13)
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Pages
2
Uploaded on
11-05-2019
Written in
2018/2019
Providing in-depth, educational notes on fiscal policy (both expansionary & discretionary), the Aggregate Demand-Aggregate Supply model and it's factors. Additionally, notes on demand-pull inflation and cost-push inflation, US Fiscal policy history, tax systems, the Rachet Effect, along with equations for average tax revenue and marginal tax revenue.
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Institution
University Of Cincinnati
Course
Microeconomics (ECON1002)
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Written for
- Institution
-
University Of Cincinnati
- Course
-
Microeconomics (ECON1002)
Document information
- Uploaded on
- May 11, 2019
- Number of pages
- 2
- Written in
- 2018/2019
- Type
- Textbook notes
Subjects
- microeconomics
- macroeconomics
- econ
- finance
- accounting
- fiscal policy
- recession
-
tax revenue
-
cost push inflation
-
inflation
-
ratchet effect
-
tax system
-
us fiscal policy
-
aggregate
-
expansionary fiscal policy
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