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Jacob Clifford
Multiplier and Taxes Practice
How does the math work behind cutting taxes to close a recessionary gap? Here an economics instructor walks viewers through the step-by-step process of working with the spending multiplier to calculate changes in taxes and closing...
Jacob Clifford
Inflationary and Recessionary Gaps with Fiscal and Monetary Policy
Where does the long run aggregate supply curve in graphs of an inflationary and recessionary gap? Check out this video for instruction on this process, as well as to learn about the motivations behind monetary and fiscal policy in...
Curated OER
The Federal Reserve System Explained - Part 1/2
The Federal Reserve System is explained in this two-part video. The history of the Reserve System and its influence on the economy is described. This clip is very clear and uses graphs to help describe the principals of the Federal...