Lecture Understanding economics (2nd edition): Chapter 12 - Mark Lovewell, Khoa Nguyen

In this chapter, you will: Learn about expansionary and contractionary fiscal policies, which are used by governments seeking economic stability; analyze the multiplier effect of fiscal policy, as determined by the marginal propensities to consumer and withdraw; consider budget surpluses and deficits and their impact on public debt and public debt charges.

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Fiscal policy, Stabilization policies