The Phillips curve in the Keynesian perspective

πρόσθεσε ένα νέο άρθρο Financial Services

2023-03-17 20:08:51 -

Key points A Phillips curve shows the tradeoff between unemployment and inflation in an economy. Keynesian macroeconomics argues that the solution to a recession is expansionary fiscal policy that shifts the aggregate demand curve to the right. The other side of Keynesian policy occurs when the economy is operating above potential GDP. In this situation, unemployment is...

0 Σχόλια 0 Μοιράστηκε 4903 Views 0 Προεπισκόπηση

Προωθημένο

Smart Base for TV

A rotating TV base that suits your TV watching needs! This TV base can rotate and adjust to the amount of people watching it, to make it the best watching experience for everyone. It comes with a...

BigMoney.VIP Powered by Hosting Pokrov