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BALANCED-BUDGET MULTIPLIER: The ratio of the change in aggregate output (GDP) to a change in government spending, which are matched by an equal change in taxes. This is termed a balanced-budget multiplier because the change in spending is matched by the change in taxes and thus the government's budget deficit or surplus is neither increased nor decreased. If the government had a balanced budget before the changes, then it has one after the changes.
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GOVERNMENT PURCHASES DETERMINANTS: Ceteris paribus factors, other than aggregate income or production, that are held constant when the government purchases line is constructed and which cause the government purchases line to shift when they change. Some of the more important government purchases determinants are fiscal policy and politics. See also | government purchases line | aggregate expenditures determinants | consumption expenditures determinants | investment expenditures determinants | net exports determinants | slope, government purchases line | intercept, government purchases line | induced government purchases | autonomous government purchases | induced expenditures | autonomous expenditures | government expenditures | government purchases | Keynesian economics | macroeconomics | government sector | national income | gross domestic product | determinants | business cycles | circular flow | interest rates, aggregate expenditures determinant | financial wealth, aggregate expenditures determinant | physical wealth, aggregate expenditures determinant | consumer confidence, aggregate expenditures determinant | inflationary expectations, aggregate expenditures determinant | federal deficit, aggregate expenditures determinant | exchange rates, aggregate expenditures determinant | technology, aggregate expenditures determinant | Keynesian model | Keynesian equilibrium | injections-leakages model | aggregate demand | aggregate demand determinants | fiscal policy | multiplier |
Recommended Citation:GOVERNMENT PURCHASES DETERMINANTS, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2024. [Accessed: July 26, 2024].
AmosWEB Encyclonomic WEB*pedia:Additional information on this term can be found at: WEB*pedia: government purchases determinants
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MARKET EQUILIBRIUM, GRAPHICAL ANALYSIS An analysis of market equilibrium using a graph that combines a demand curve and a supply curve. A graphical analysis of the market is used to ascertain information such as market equilibrium, equilibrium price, equilibrium quantity, shortage, and surplus. This is one of two basic methods of analyzing market equilibrium. The other is a numerical analysis using demand and supply schedules.
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PURPLE SMARPHIN
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Today, you are likely to spend a great deal of time watching the shopping channel seeking to buy either a pair of gray heavy duty boot socks or a 50-foot blue garden hose. Be on the lookout for small children selling products door-to-door.
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A U.S. dime has 118 groves around its edge, one fewer than a U.S. quarter.
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Treasury Bond
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