An economy needs 400 bn. spending to close the recessionary, Ask an Expert

Economics

CAn you give me definitions and explain these questions?

1) An economy needs 400 bn. Spending to close the recessionary gap, multiplier is 4; what should be the increase in spending on the part of the of the government?

2) How increase or decrease in tax (and government spending) help close the recessionary and inflationary gaps?

3) Taylor rule of money supply?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9447479

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