EC 202: Macroeconomic Theory
Dynamic Keynesian Model of Income Determination
Marginal Propensity to Consume
:
Autonomous Consumption
:
Investment Demand
:
Government Spending
:
Lump-Sum Taxes
:
Policy Experiment:
Government Spending
Taxes
Increase
Increase
Decrease
Decrease
Unchanged
Unchanged
baum
, 30 Jan 1999