Endogenous economic policy - What do politicians want?
3 important questions on Endogenous economic policy - What do politicians want?
What is the intuition behind the public support equation?
That politicians want to be in office. For that they need public support, public support is highly correlated with low inflation and high employment
What is a government indifference curve?
A curve with all (π,Y) combinations resulting in the same value of s
What is another term for government indifference curve?
iso-support curve
Try our study magic for free
a PDF, study it super fast
- No sign up, email or credit card needed!
- AI makes unlimited flashcards
- Get unlimited quizzes and tests
- Ask AI anything
Create a notebook
- No sign up, email or credit card needed!
- Have and keep perfect overview
- Make flashcards, notes and mind maps
- Review, test and score!
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
