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The traditional Keynesian approach to fiscal policy differs in three ways from w

ID: 1185543 • Letter: T

Question

The traditional Keynesian approach to fiscal policy differs in three ways from what is presented in the Fiscal Policy Chapter in your textbook. It emphasizes the underpinnings of the components of aggregate demand. It assumes that governement expenditures are not substitutes for private expenditures and that current taxes are the taxes taken into account by consumers and firms. The traditional Keynesain approach focuses on the short run and so assumes that as a first approximation, the price level is constant (no inflation or deflation of prices). Miller, R.L. (2012). Economics Today, 16ed. Addison-Wesley. p. 295. In today's economy what fiscal policies would you implement? Assume that right now our economy is in a recession - as a Keynesian Economist, how would you manipulate fiscal policy to improve the economy? Be specific, such as, Cash for Clunkers program. For this assignment you need to evaluate one idea and how you would implement your stimulus strategy. Food for thought. Housing Infrastructure Trade Workers' Programs Think about the factors that push out the PPC High Speed Rail or Transportation Deregulation Additional Information Pay For Delay GB Housing Unemployment Work History Lessons 1937 Jobless in America Paradox Thrift

Explanation / Answer

THIS WILL BE HELPFUL FOR YOU Creating an instructional strategy involves taking all of the information you have accumulated to this point and generating an effective plan for presenting your instruction to your learners. At this point you must be able to combine your knowledge of learning and design theory with your experience of learners and objectives. Creating a strategy is not the same as actually developing your instructional materials. The purpose of creating the strategy before developing the materials themselves is to outline how the instructional activities will relate to the accomplishment of the objectives (Gagn

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