(2012), "What Determines Government Spending Multipliers?", Economic Policy, Vol. 27, Issue 72, pp. 521-565.Giancarlo Corsetti, Andre Meier, and Gernot J. Muller (2012a), "What Determines Government Spending Multipliers?," Economic Policy, 27(72), 521-565....
What Determines Government Spending Multipliers? This paper studies how the effects of government spending vary with the economic environment. Using a panel of OECD countries, we identify fiscal shocks as... G Corsetti,A Meier,G Müller - 《Economic Policy》 被引量: 578发表: 2012年 What determ...
Inthelongrun,whatdeterminestheleveloftotalproductionofgoodsandservicesinaneconomy?() A. theinterestrateandtheamountofnationalsaving B. thequantityofcapital,quantityoflabor,andproductiontechnology C. consumption,investment,andgovernmentspending D. themarginalproductsofcapitalandlabor,constantreturnstoscale,and...
D.Byshowingfindings. ( )2.Accordingtoresearchers,whatdeterminesthecredibilityofonlineinformation? A.Thesizeofrelevantphotos. B.Thepopularityofthewebsite. C.Theamountofdetail. D.Thesourceofthematerial. ( )3.Whatdoestheunderlinedword“eliminate”meaninParagraph4? A.Update. B.Remove. C.Estimate. D.Di...
Changes in government spending affect aggregate demand to a degree that depends on the size of a number called the fiscal multiplier. If government spending decreases, then aggregate demand will shift left, but the fiscal multiplier determines how much aggregate demand will decrease. ...
In a shutdown, the federal government must stop all non-essential functions until funding is approved by Congress and signed into law. Each agency determines what work is essential and what is not. Members of Congress make that determination for their own staff, as well. ...
Chapter5What Determines Exchange Rates? 1)According to PPP and the monetary approach, why did the nominal exchange rate value of the DM ( relative to the dollar) rise between the early 1970s and the late 1990s?Why did the nominal exchange rate value of the pound decline? 2)Will the law...
According to John Maynard Keynes, what determines employment and income? What do fiscal conservatives think about Paul Krugman's argument that Keynesian economics did fine; politicians didn't? Imagine that the U.S. economy falls into depression. Explain the recommendations of a Keynesian...
Government Spending Policies:Governments can increase the amount of money they spend if they believe there is not enough business activity in an economy. This is often referred to asstimulusspending. They can borrow money by issuing debt securities (like government bonds) if there are not en...
Command-based economies are regulated by a government body that determines the goods that are produced, their quantities, and their prices. In the modern world, few economies are purely market-based or command-based. Investopedia / Alex Dos Diaz ...