Tag: keynesian

Tag: keynesian

2 pages tagged keynesian.

Pages

• Chapter 38: GDP — Government Spending and Exports — Economics 101

  The G and (X − M) components of GDP: what government counts as spending, why transfer payments don’t, and how exchange rates and interest rates push net exports up or down.

• Chapter 40: Real GDP Changes and the Business Cycle — Economics 101

  The business cycle — alternating expansions and contractions around a long-run growth trend — its four classic stages, and the competing theories (monetarist, Keynesian, Real Business Cycle) of what causes it.

Related tags

• government-spending
• net-exports
• trade-deficit
• exchange-rates
• fiscal-multiplier
• tariffs
• business-cycle
• recession