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Syllabus 3.6
Demand Management: Fiscal Policy |
VID 1: Laffer Curve (use 3.5 minutes of video)
VID 2: Multiplier Effect
VID 3: Fiscal Policy
VID 4: MRU: Crowding Out 1
VID 5: MRU: Crowding Out 2
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Dictionary
2.4 - Fiscal Policy 1. automatic tax stabilizer 2. balanced budget 3. budget deficit 4. budget surplus 5. contractionary fiscal policy 6. crowding out 7. expansionary fiscal policy 8. time lag 9. transfer payments HL ONLY 10. Macroeconomic equilibrium |
