Macroeconomics: Canada in the Global EnvironmentAddison-Wesley, 1994 - 1088 ˹éÒ |
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˹éÒ 723
... Tax Multipliers A third type of fiscal stabilization policy is to vary taxes . The tax multiplier is the amount by which a change in taxes is multiplied to determine the change in equilibrium expenditure that it generates . An increase in ...
... Tax Multipliers A third type of fiscal stabilization policy is to vary taxes . The tax multiplier is the amount by which a change in taxes is multiplied to determine the change in equilibrium expenditure that it generates . An increase in ...
˹éÒ 725
... taxes and transfer payments mean that they act like an economic shock absorber , making the aggregate effects of fluctuations in investment and exports smaller than they otherwise would be . The scale of income taxes minus transfer pay ...
... taxes and transfer payments mean that they act like an economic shock absorber , making the aggregate effects of fluctuations in investment and exports smaller than they otherwise would be . The scale of income taxes minus transfer pay ...
˹éÒ 958
... tax rate would decrease tax revenue . But hardly anyone believes this to be the case for the big revenue - raising taxes such as personal income taxes and sales taxes . It is much more likely , in the case of those taxes , that an increase ...
... tax rate would decrease tax revenue . But hardly anyone believes this to be the case for the big revenue - raising taxes such as personal income taxes and sales taxes . It is much more likely , in the case of those taxes , that an increase ...
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aggregate demand curve aggregate expenditure curve aggregate planned expenditure aggregate supply curve autonomous expenditure Bank of Canada billions of 1986 business cycle capital cars CHAPTER consumption expenditure consumption function decrease deficit demand and supply disposable income dollars economists effects equilibrium expenditure example expected exports factors of production falls Figure firms fiscal policy fluctuations GDP deflator government purchases graph gross domestic product growth households inflation rate investment demand curve Jane Jane's kilograms of corn labour force long-run aggregate supply macroeconomic marginal propensity ment metre of cloth million tapes monetary policy money supply multiplier opportunity cost output percent Phillips curve price level production possibility frontier quantity demanded quantity of labour quantity of money quantity of real quantity supplied Real GDP billions real interest rate real money real wage rate recession relationship rises short-run aggregate supply tapes a week taxes tion unem unemployment rate variables Walkman