When using the Keynesianism theory of aggregate supply and aggregate demand, economic can be both desirable and undesirable. Firstly, economic growth at its most basic level increases GDP and employment. If consumers are spending more money, whether it is by increased consumer confidence, lower inte...
aEffects on aggregate demand resulting from changes in payments technology are not limited to base money (or other measures of money). All economic relationships are, in principle, affected by changes in payments technology. The size of the effect, and its disruptive consequences, is an e 作用...
[translate] aThe dynamic effects of aggregate demand and supply disturbances. American Economic Review 79, 655-673. 聚集需求干扰的动力效应。 美国经济Review79, 655-673。 [translate] 英语翻译 日语翻译 韩语翻译 德语翻译 法语翻译 俄语翻译 阿拉伯语翻译 西班牙语翻译 葡萄牙语翻译 意大利语翻译 荷兰语翻译...
The Great Depression of 1929 created significant consequences for the US economy and world economy that are detected through serious changes in output and prices. It contributed to put greater emphasis on aggregate demand and aggregate supply. Many economists agreed that in addition to monetary factors...
doi:10.2139/ssrn.2193893IS curvelong-term interest ratesI develop empirical models of the U.S. economy that distinguish between the aggregate demand effects of short- and long-term interest rates-one with clear "Social Science Electronic Publishing...
In particular, do changes in money have additional effects on aggregate demand outside of those induced by changes in short-term nominal interest rates? This article revisits and reinterprets the empirical evidence based on single equation regressions which is quite mixed, with some results ...
Due to the COVID-19 pandemic, the U.S. federal shortfall for fiscal year 2020 was $3.1 trillion, an increase from 2019's deficit of $984 billion.9Additionally, Congress passed the $2.2 trillionCARES Act. TheTrump tax cutsreduced revenue and increased the deficit. These tax cuts were expec...
If aggregate demand shifts left, then in the short run a. the price and real GDP both fall. b. the price level rises and real GDP falls. c. the price level and real GDP both rise. d. the price lev In the short run, what is the impact on the price...
取得初步成效:翻译为achieve initial effects。英语四级段落翻译常用词汇:有关中国经济的总需求 aggregate demand总供给 aggrega
The country was forced to borrow more than it produced as a result and the government began spending more. It increased taxes to pay bonuses to independence war veterans, became involved in a war in the Congo, and borrowed from the International Monetary Fund to improve development and living ...