1.) Expansionary. There will be an overall increase in spending. Government demand also increases
2.) Contractionary. There will be less investing and consumption. Government demand is the same.
3.) Expansionary. More government spending and no tax increa
Production Possibilities Analysis
List the 4 basic assumptions of the PPF Model.
By using its resources efficiently, an island society can produce the following
alternative combinations of mangoes and oranges each day.
16 October 2015
Fuel is one of the most depended on resource in todays world. Oil helps billions of
people every day for one reason or another, but the market for it is struggling globally. Prices of
oil barrels have
Fiscal Policy Worksheet #1
Follow these steps:
1. Identify if the problem is inflation or unemployment. If unemployment, state
which type of unemployment.
2. If it is cyclical unemployment, list the two ways fiscal policy can be used to
resolve the proble