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This resource explores the mechanisms of monetary and fiscal policy, focusing on active policy measures and their pros and cons. It delves into automatic stabilizers and their role in the economy. Key topics include the impact of the federal stimulus spending, with insights into the $787 billion package as of November 1. The content is designed to prepare students for an upcoming assessment which includes multiple-choice questions covering Chapters 1-13 and 15-16, along with a course evaluation and exam logistics.
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Dec 7 • Using Monetary and Fiscal Policy • Active Policy • Pro • Con • Automatic Stabilizers
Schedule: 12/7 Ch 16 12/9 1. Econ Dept Assessment—20 multiple choice questions (counts as 1 30 point Aplia assignment) 2. Course Evaluation 3. Course Conclusion Exam information: Ch 1-13, 15, 16 2/3 of questions since last exam, 1/3 on first 2/3 of course; 60 questions Office hours Friday and Monday Exam is Tuesday 12/15 3:30 – 5:00 301 Williams
It’s Hard to Spend $787 Billion:Federal Stimulus Spending as of Nov 1(note: stimulus bill was passed in February) $141 b spent $158 b committed, not spent $281 b remaining $84 b in tax cuts paid $128 b in tax cuts to be paid
