when does the private sector ever build roads on its own?...never...the government pays private construction companies to build them...I don't get the example....I'm sure there is a better example than can be used.
Create economic opportunity for individuals: decrease in taxes means that people have more money so they can spend more and business now need more workers to meet demand, so more job opportunities. Economic opportunities for businesses: people have more money so demand increases and their profit increases so they can hire more workers. Limit economic opportunity for individuals: Limit economic opportunity for business: they loose skilled workers when the government increases their spending, so it crowds out the businesses investments
Exactly what i needed before my presentation this morning.Thank you for the summary
lol im also presenting later
These videos are gold. I would pay to have a written version of the explanation.
God bless you. Watched this video twice but I understand now. Simple and to the point.
Why does my lecturer not explain it like this. WOW so easy to understand now!
I love how this 3min video could make me understand fiscal policy more than 3 hours of nonsense studying by book, thanks btw
Thanks! Easy to understand and nice video editing also.
Your channel is simply brilliant!
I have my economy finals this Tuesday, y'all carry my studies
Wow Thank you so much for awesome explaination
I love this video. The animations are so cute haha
great explanation as always....
Thanks mate ur video was very clear and helped me
When do you visit Runcorn?
This is good. Thank you
Very helpful..thank you
I want this show in my tv
when does the private sector ever build roads on its own?...never...the government pays private construction companies to build them...I don't get the example....I'm sure there is a better example than can be used.
Create economic opportunity for individuals: decrease in taxes means that people have more money so they can spend more and business now need more workers to meet demand, so more job opportunities.
Economic opportunities for businesses: people have more money so demand increases and their profit increases so they can hire more workers.
Limit economic opportunity for individuals:
Limit economic opportunity for business: they loose skilled workers when the government increases their spending, so it crowds out the businesses investments
just love that
Marginal Revolution University, the fiscal multiplier is mathematical nonsense, and so is fiscal policy.
Math > Philosophy shit
@@libertardsbeware4180 exactly
First
Meas Davicheanin I'm joking man