Fiscal Policy

TM–18-1 go for 18-1 Swan Diagram

R
II Surplus inflation

EE J

R3 C
Exchange rate I Surplus unemployment

R2

N

F C

triple Deficit inflation

R1

J C H
IV Deficit unemployment

YY

0

D1

D2

D3

D

national expenditures or absorption

foil know t/a international Economics, 6E by Dominick Salvatore

& duplicate; 1998 Prentice-Hall, Inc. A Simon & Schuster ships company Upper burden River, NJ 07458

TM–18-2 Figure 18-2 Equilibrium in the Goods and bullion Markets and in the Balance of Payments

BP F
16 14 Rate of disport (i)

LM Z

E
10

5

U IS

0

YE = 1000

YF = 1500

National income (Y )

Transparency Masters t/a International Economics, 6E by Dominick Salvatore

© 1998 Prentice-Hall, Inc. A Simon & Schuster Company Upper Saddle River, NJ 07458

TM–18-3 Figure 18-3 financial and Monetary Policies from Domestic Unemployment and External Balance

i

BP F

LM LM

16

Z

10

E IS

5

U

IS Y
1500

0

500

YE

1000

YF

Transparency Masters t/a International Economics, 6E by Dominick Salvatore

© 1998 Prentice-Hall, Inc.



A Simon & Schuster Company Upper Saddle River, NJ 07458

TM–18-4 Figure 18-4 Fiscal and Monetary Policies from Domestic Unemployment and External Deficit

i

IS

BP LM

18

F

LM

IS Z
13

B IS

10

B

E

IS Y
1500
© 1998 Prentice-Hall, Inc. A Simon & Schuster Company Upper Saddle River, NJ 07458

0
Transparency Masters t/a International Economics, 6E by Dominick Salvatore

700

YE

1000

YF

TM–18-5 Figure 18-5 Fiscal and Monetary Policies with Elastic uppercase Flows

i LM LM

F
12

BP

B B E

10

IS

IS

0

500

YE

1000

YF

Y
1500

Transparency Masters t/a International Economics, 6E by Dominick Salvatore

© 1998 Prentice-Hall, Inc. A Simon & Schuster Company Upper Saddle River, NJ 07458

TM–18-6 Figure 18-6 U.S....If you want to get a full essay, order it on our website: Orderessay



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