Economic Strategies to Manage the Crisis: Austerity or Government Investment Programmes?
-
Overview
-
Background information10 Topics
-
Introduction
-
Instruments to respond to economic imbalances: fiscal and monetary policies
-
How do the two models suggest responding to economic imbalances with the policy instruments?
-
Consequences of each economic policy choice
-
The Big Depression and the Keynesian model
-
The oil crisis and the end of the Welfare State
-
The neoliberal model and the 2008 financial crisis
-
The conservative response: austerity
-
Counter-cyclical response: what government investment could look like
-
Glossary
-
Introduction
-
Endnotes
-
Glossary
-
References
-
Interactive learningDeepen your knowledge1 Topic|1 Quiz
-
Training materialExercises for group activities6 Topics
Quiz Summary
0 of 9 Questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Results
0 of 9 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- Current
- Review
- Answered
- Correct
- Incorrect
-
Question 1 of 9
1. Question
Indicate which of these starting hypotheses of the neoclassical and Keynesian models are true:
CorrectIncorrect -
Question 2 of 9
2. Question
For the________model the State should intervene in trying to offset the economic imbalances.
CorrectIncorrect -
Question 3 of 9
3. Question
Fiscal policy affects the _____ and monetary policy affects the _____
CorrectIncorrect -
Question 4 of 9
4. Question
The neoclassical model understands that the best policy to use in the face of economic imbalances is the ______
CorrectIncorrect -
Question 5 of 9
5. Question
The Keynesian model understands that the best policy to use in the face of economic imbalances is the ______
CorrectIncorrect -
Question 6 of 9
6. Question
The multiplier effect refers to a series of chain reactions that happen after aggregate demand is expanded by public spending (fiscal policy) and that in the end increases private income and GDP growth in a greater way than that initially generated by the original stimulus.
CorrectIncorrect -
Question 7 of 9
7. Question
Is tax reduction an element that defines fiscal or monetary policy?
CorrectIncorrect -
Question 8 of 9
8. Question
Who determines the money supply?
CorrectIncorrect -
Question 9 of 9
9. Question
Could monetary policy influence consumption?
CorrectIncorrect