Kako ekspanzivna monetarna politika utječe na kratkoročnu ravnotežu u modelu otvorene privrede.

Što se zbiva s komponentama agregatne potražnje?

Ako se provodi ekspanzivna monetarna politika, tada se LM krivulja pomiče udesno, a IS krivulja ostaje
nepromijenjena. Ekspanzivna monetarna politika u uvjetima otvorene privrede dovodi do deprecijacije
domaće valute. Tako se kamatna stopa snižava, a dohodak se pomiče udesno i raste. Pošto dohodak
raste, tada C raste. Pošto dohodak raste i kam. stopa pada, oboje stimuliraju investicije i investicije
rastu. G ostaje nepromijenjen, ali kako je dohodak porastao, G je u relativno lošijoj situaciji jer je
kupovna moć građana porasla, a njegova je ostala napromijenjena. Povećanje dohotka povećava uvoz,
povećava izvoz, a deprecijacija dodatno povećava izvoz. Ipak, ne zna se u kakvim razmjerima pa se
nazna što se dešava s NX – om.

ekspanzivna monetarna politika: raste realna količina novca u opticaju, dolazi do porasta C, I, G, raste
Y a kamatna stopa pada

fiskalna eskpanzivna

Expansionary Fiscal Policy

Expansionary fiscal policy is a form of fiscal policy that involves decreasing taxes,
increasing government expenditures or both in order to fight recessionary pressures.
A decrease in taxes means that households have more disposal income to spend.
Higher disposal income increases consumption which increases GDP. Further, a
decrease in taxes communicates to the businesses that the government is interested in
reviving the economy. It increases their confidence which in turn increases the private
investment component of GDP.
Since government expenditures form a component of GDP, an increase in government
expenditures increases GDP directly. Further, such an increase also results in indirect
increase in consumption and other components of GDP.
The bottom line is that increase in GDP resulting from a decrease in taxes and increase
in government expenditures is much more than the initial decrease in taxes or increase
in government expenditures due to the multiplier effect.