翻译 Recessionaryexpendituregap 翻译 衰退支出缺口 以上结果来自机器翻译。 释义
The difference between the real GDP and the potential GDP is thus negative; this is called a recessionary gap. In such a scenario, the current unemployment rate will be more than the natural unemployment rate. Causes of a Recessionary Gap ■Government Expenditure A decrease in government spending...
For an economy starting at full employment real GDP, a decrease in autonomous expenditure results in a(n) a. increase in potential output. b. decrease in potential output. c. inflationary output ga The GDP gap measures the amo...
The recession might result from a decline in expenditure in an economy.Answer and Explanation: Recessionary Gap A recessionary gap, also known as a contractionary gap, occurs once an economy's gross domestic products, abbreviated as GDP at full......
Describe the difference between an inflationary gap and a recessionary gap. What are expansionary and contractionary fiscal policies and what situations are they used? Consider an economy in recession with a high rate of unemployment. Using the Keynesian income...
In the aggregate demand-aggregate supply model, a recessionary gap occurs when the actual level of GDP that an economy is currently producing at is lower than potential GDP, which is the GDP level that results from the economy operating at full employment....
a. If full employment in this economy is 65 million, will there be an inflationary or recessionary expenditure gap? Why? b. By how much would aggregate expenditures in column 3 need to change to eliminate the gap? What is the primary purpose of aggrega...
Explain the consequences of an inflationary gap using the aggregate expenditures model. Explain monetary policy and how it is supposed to work. How does the monetary policy correct recessions? Consider an economy in recession with a high rate of unemployment. Using t...
How does recessionary expenditure gap impact on budget deficit and on the foreign trade deficit? Suppose the economy is experiencing a recessionary pressure and unemployment is running high. The government chooses to use fiscal policy to correct this problem. Explain how...
than the real-income level at a point of full employment. Real GDP values all goods and services for a specific time-frame, adjusted forinflation.1In the period leading up to a recession, there is often a significant reduction in consumer expenditure or investment due to a decrease ...