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3 Cards in this Set
- Front
- Back
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Fiscal Policy
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*federal government uses taxation and spending policies to make an affect on business activity.
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John Maynard kenes
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*Keynesian economics"
*believed that the force that affect aggregate demand and aggregate supply move too slowly. |
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Circular flow of income and output
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*economic model that shows the flow of goods, services, wages and taxes etc. between consumers business and federal government.
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