Crowding-out Effect IS2 R AF=△ G/MPS ISI B R G increases A RI Crowding. out effect YI Y2 Y 友学经济学院
Crowding-out Effect R IS1 LM Y1 Y R1 A IS2 B R2 Y2 F AF =ΔG /MPS Crowdingout effect G increases
7. 1 Fiscal Policy and Effects R LM2 R3 C LMI B R2 RI ■■■■■口■■■■■■■■■■■■■■■■■■■口■■■ IS2 iCrowding-out effect ■■■■■■■■■■■■■■■ ■■■■■■■■■■ ISI Y1 Y3 Y2 Y 复学济器院
7.1 Fiscal Policy and Effects R LM1 IS1 Y1 Y R1 A IS2 B R2 Y2 Crowding-out effect LM2 R3 C Y3
7.2 Monetary Policy and Effects o Concept of Monetary Policy .Monetary policy is the macroeconomic policy that the central bank implements by controlling money supply to adjust interest rate and to influence the whole economy aiming at the realization of some specific goals 友学经济学院
7.2 Monetary Policy and Effects Concept of Monetary Policy ❖ Monetary policy is the macroeconomic policy that the central bank implements by controlling money supply to adjust interest rate and to influence the whole economy aiming at the realization of some specific goals