econ -- fiscal and monetary policy
Learn
Practice Test
Spaced Repetition
Match
Flashcardsfiscal inflationary/contractionary: AD and AS
AD shifts left to equilibrirum
what can Congress do for a fiscal inflationary gap?
decrease gov spending and increasing taxes
1/27
There's no tags or description
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced |
|---|
No study sessions yet.
28 Terms
fiscal inflationary/contractionary: AD and AS
AD shifts left to equilibrirum
what can Congress do for a fiscal inflationary gap?
decrease gov spending and increasing taxes
fiscal inflationary/contractionary: money market graph
MD shifts left
fiscal inflationary/contractionary: loanable funds graph
D shifts left
fiscal inflationary/contractionary: philips curve graph
point moves right to equilibrium
fiscal inflationary/contractionary: FOREX
D shifts right
fiscal inflationary/contractionary: PPC
point shifts onto curve from above
fiscal recessionary/expansionary: AD and AS
AD shifts right
what can Congress do for a fiscal recessionary gap?
increase gov spending and decrease taxes
fiscal recessionary/expansionary: money market graph
MD shifts right
fiscal recessionary/expansionary: loanable funds graph
D shifts right
fiscal recessionary/expansionary: philip’s curve graph
point moves left to equilibrium
fiscal recessionary/expansionary: FOREX
D shifts left
fiscal recessionary/expansionary: PPC
point shifts onto curve from below
what can the FED do in a monetary inflationary gap?
increase res req, increase discount rate, increase FFR, sell bonds
monetary inflationary/contractionary: money market graph
MS shifts left
monetary inflationary/contractionary: loanable funds graph
S shifts left
monetary inflationary/contractionary: AD and AS
AD shifts left
monetary inflationary/contractionary: philips curve
point shifts down to equilibrium on the graph
monetary inflationary/contractionary: FOREX
D shifts right
monetary inflationary/contractionary: PPC
point shifts onto curve from above
what cant the FED do for a monetary recessionary gap?
decrease res req, decrease discount rate, decrease FFR, and buy bonds
monetary recessionary/expansionary: money market graph
MS shifts left
monetary recessionary/expansionary: loanable funds graph
S shifts right
monetary recessionary/expansionary: AD and AS
AD shifts right
monetary recessionary/expansionary: philips curve
point shifts left to equilibrium
monetary recessionary/expansionary: FOREX
D shifts left
monetary recessionary/expansionary: PC
point shifts left to equilibrium