Fiscal Policy - the Tax Multiplier

[@lifewithdylan]

Intro made me want to go clubbing....

[@NS-o9x]

Is there a video on Balanced budget multiplier? Can't find it. Need it ASAP.

[@jenniferoliphant779]

This really helping and made a lot of sense.

[@JasonWelker]

Hey Jonny. Now problem. Glad I could be of assistance! Good to see you're still studying Econ!

[@CMJONO]

Classic, I learnt about this from Mr.Welker and Mr.Hauet, 3 1/2 years on I google this for someone else and the first result in google is my teachers video :D lool. Thanks again Mr.Welker :D

[@seyedmostafahosseinideldoo2044]

Ciao Jason How can I calculate Tax multiplier in input output table or social accounting matrix?

[@1975alcides]

i love your lessons but i wouldlike to know the name of the song that is played when your lesson start

[@WheatleyOS]

This video only confused me. He found different results for the same question using two different methods. In once scenario he got the increase in aggregate demand to be 400 million USD, and in the other, 667 million USD.... How does that make any sense?? ;-; And then for some reason at 4:35 he starts to multiply 400 million USD by 0.4 AGAIN, which made even less sense..

[@JasonWelker]

In the first case I was measuring the size of an increase in government spending required to achieve a $1b increase in GDP using the spending multiplier. That turned out to be an increase of $400m. In the second case I was measuring the size of a tax cut needed to achieve the same $1b increase in GDP using the tax multiplier. That turned out to be $667m. What I'm doing at 4:35 is explaining HOW the multiplier effect works as the initial change in spending is circulated through the economy based on the size of the marginal propensity to consume.

[@WheatleyOS]

***** oh, ok, that makes a lot more sense, that just means at 3:14 he meant "government spending" not "taxes" for what he was calculating

[@armstrongq.zehdee6918]

This really refresh my memory.

[@tphillipoff]

How do we know that MPC/MPS always remains constant with the level of income? It seems to me that's a major flaw in the reasoning.

[@joshuamutua7236]

the tutorials are very nice

[@karinachairez7325]

This saved my life

[@centfifty8127]

thanks, very helpful!

[@theson22788]

i wish my professor would be as good as you sir. haizz suffering right now

[@vabach_8008]

t= - 4 , and the T=AD/-t so it goes T=500/- (-4) the taxes will increase

[@GradyMilligan]

7:24 boom

[@maddiesophresh]

omg i did not understand :(

[@88volg]

what is ib economics ?