Need help with this. Thanks !    1. What is the difference between what Supply Side economists expect to happen when taxes are cut and what Keynesian and other economists expect to happen when taxes are cut?  (Explain  in turn which curve Supply Siders expect to shift and which way,, and which curve Keynesians expect to shift, and which way.)

Q: b. Find the equilibrium interest rate by setting the demand for central bank money equal to the…

A: The supply of money in a country is solely in the hands of the central bank which has the monopoly…

Q: One argument often heard against using fiscal policy to tame the business cycle is that the lags…

A: A fiscal policy is one in which the government use taxes, spending, and borrowing as instruments to…

Q: Provide me with an article abkey factors that policymakers should consider when determining the…

A: Public spending, also known as expenditure of government,  it refers to the amount of money the…

Q: a. Based on the macro workhorse model, explain the 'journey' (mechanism) how an initial…

A: The fiscal policy is decided by the government of the country. It means taxes or government…

Q: If the propensity to consume decreases from 95% to 80%, then Fiscal stimulus multiplier does what?…

A: Fiscal stimulus Multiplier, is also known as the Government expenditure multiplier and is given by…

Q: when there is a budget deficit, wha happens to the S+KI curve

A: Understanding the effects of a budget deficit on the macroeconomic factors of savings, capital…

Q: What are some key factors that policymakers should consider when determining the optimal balance…

A: By efficiently allocating resources and encouraging investment, fiscal policy that strikes the ideal…

Q: Please, provide me articles talk about key factors that policymakers should consider when…

A: Tax rates refer to the percentage or proportion of the income of individuals or entities, assets, or…

Q: 3.1 How does expansionary monetary policy increase spending in the economy compared to how…

A: Expansionary Monetary Policy is used by Fed to increase the supply of money in the economy.…

Q: Year 2020 2021 Potential GDP $18.0 trillion 18.4 trillion Real GDP $18.0 trillion 18.0 trillion…

A: A recession is a significant and sustained decline in economic activity characterized by a…

Q: Use what you have learned about the fiscal multiplier to explain why, in Krugman’s opinion, fiscal…

A: Introduction Paul Krugman is an American economist and Nobel Prize laureate who works at the…

Q: What is meant by discretionary fiscal policy? Give an example of how the government can use fiscal…

A: Discretionary fiscal policy is a planned change in the level of taxes or government expenditure.…

Q: a. Which statement best describes the classical fiscal policy prescription for a recession? Select…

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…

Q: "Even if there is full information and that wages and prices are fully flexible as what the…

A: Expansionary fiscal approach incorporates tax breaks, move installments, refunds and expanded…

Q: Which of the following is NOT an automatic stabilizer? a. income taxes b. unemployment insurance c.…

A: A nation's economic fluctuations can be offset by automatic stabilizers through fiscal policy. The…

Q: Suppose the economy begins at full employment. Label this starting point as point "1." Then,…

A: The term macroeconomic policy refers to economic policy that focuses on accomplishing specific…

Q: "There have been times when the federal government has kept pumping fiscal stimulus into the economy…

A: Gross Domestic Product (GDP) refers to the value of all the goods and services produce inside a…

Q: List what specific, deliberate actions the federal government could take to enact expansionary…

A: Expansionary fiscal policy is aimed at increasing aggregate demand when the economy is in a…

Q: A decrease in taxes is one way to pursue a contractionary fiscal policy because it will make…

A: Government conducts contractionary fiscal policy in order to eliminate inflationary gap from the…

Q: 3.5 If real GDP is $300 billion below potential GDP and the tax multiplier equals -1.5, then how…

A: 3.5) Given:real GDP=$300 billionTax multiplier=-1.5

Q: d. Rising inflation. e. Arise in the natural rate of unemployment. f. Arise in oil prices.

A: Fiscal policy is the tools used by government in order to correct the economic dis balances .  Here…

Q: The economy is experiencing negative GDP growth and high unemployment.  Which fiscal policy action…

A: Meaning of Fiscal Policy: The term fiscal policy refers to the situation under which the…

Q: 3.6 Explain why the timing of fiscal policy may be more difficult than the timing of monetary…

A: 3.6) Fiscal policy:  It refers to the change in tax structure and government spending by the…