U5.1 Fiscal and Monetary Policy Actions in the Short Run
Determine the short-run effects of fiscal policy (changes in government spending and taxes) and monetary policy (changes in the money supply / policy interest rate) on real output, the price level, unemployment, and the nominal interest rate using the AD-AS and money-market models, including combined (mixed) policy scenarios.
What you'll do in this lesson
A voice-first session with the Crimsora tutor on U5.1 Fiscal and Monetary Policy Actions in the Short Run, then targeted practice and FRQs — with the tutor adapting to where you get stuck.