Fiscal Policy

  • J. Harvey
  • M. Johnson


In Chapter 11 we analysed the effect on AD of government spending and taxation. It showed that a government cannot avoid having a fiscal policy. A budget which left AD unchanged would simply imply that the government considers that existing measures are working satisfactorily.


Fiscal Policy Money Supply National Income Government Spending Disposable Income 
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Copyright information

© J. Harvey and Janet Johnson 1973

Authors and Affiliations

  • J. Harvey
    • 1
  • M. Johnson
    • 2
  1. 1.University of ReadingUK
  2. 2.Hatfield PolytechnicUK

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