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Factors affecting supply will shift the supply curve in or out. These factors are costs of raw materials, technological advancements, wages. Factors affecting the elasticity of the supply curve will affec...
One argument against increasing the budget deficit is that and increase in government spending crowds out the private sector. This is when government spending fails to increase overall aggregate demand be...
Fiscal Policy is policy designed by the government in order to influence levels of government spending and taxation. In an expansionary fiscal policy the government will opt to increase government spend...
effects on balance of trade, growth, inflation, employment...what do these effects depend upontariff graphmarshall-lerner conditionall that good stuff :)
Market forces can lead to a fairer distribution of income from the trickle down effect. This is where those on high incomes will spend their money, which creates demand for goods and services, as a result...
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