Given an example, calculate a country’s unemployment rate.
1) Given an example, calculate a country’s unemployment rate.
2) By how much would a Keynesian change in government purchases, shift the Aggregate demand curve.
3) What would a contractionary fiscal policy result in?
4) While we have a budget deficit as per the crowding out concept what would happen to interest rates and borrowing?
5) When faced with a recession, using the supply side policy what should the government do.