Policy

Descripción

Econ 101 Mapa Mental sobre Policy, creado por mjheg el 04/05/2013.
mjheg
Mapa Mental por mjheg, actualizado hace más de 1 año
mjheg
Creado por mjheg hace más de 11 años
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Resumen del Recurso

Policy
  1. Monetary
    1. Expansionary
      1. Purchases
        1. - Lower Discount Rate
          1. - Lower Reserve Requirement
          2. T Bills (Short Term Maturity Bills)
        2. Contractory
          1. Sales
            1. + Raise Discount Rate
              1. + Raise Reserve Requirement
          2. SHORT TERM
            1. Quick to implement
            2. Fiscal
              1. To influence business cycle
                1. LONG TERM
                  1. Slow to implement
                    1. Expansionary
                      1. Lower taxes
                        1. Ricardian Equivalance

                          Nota:

                          • When people see that low taxes today may be raised tomorrow, they save tax cut. AD is not effected.
                          1. Increase Spending
                            1. Dems
                              1. Grows gov't
                              2. Response to real shocks

                                Nota:

                                • Can cause crowding out -There is little gov't can actually do to combat real shock
                            2. RECESSION
                            3. Contractory
                              1. Raise Taxes
                                1. Reduce Spending
                                  1. Repubs
                                    1. private sector
                                  2. Growth ABOVE Solow Model
                                  3. DOES NOT AFFECT SOLOW GROWTH MODEL!!!!!
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