ECON 104 Lecture 9: 8 - the 1st of march on fiscal policy multipliers
University of Massachusetts Amherst
Exam is Wednesday at 6 – Marcus 131 or Thompson 104.
Newly introduced fiscal policy
After the test, we will have monetary policy introduced to us.
AE = C + I + G
Adding taxes to the consumption function.
All that still needs to be added is import and export.
Midterm covers from 1,5,6,7,8,9
March 6 review
Friday Assignment 2 Due
Fiscal policy is the policies that the government hits up.
There are several types of fiscal policy.
Interest rates (controlled by the Fed) but this isn’t in the test or exam im just being a
“The best way to study for the exam is to
1. Read the chapters
2. Answer the review questions
a. If you have any questions, doubts or whatever go back to the lecture slides.
b. Do this shizniz before Monday, don’t leave this to Tuesday night like a noob.
Three different multipliers