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How does the math work behind cutting taxes to close a recessionary gap? Here an economics instructor walks viewers through the step-by-step process of working with the spending multiplier to calculate changes in taxes and closing a recessionary gap.
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CCSS:
Adaptable
Concepts
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Classroom Considerations
- Best used following the previous video in the series on calculating spending multiplier and increased government spending in order to close recessionary gap (Title of resource, Multiplier and Spending Practice)
- This video is hosted on YouTube
Pros
- Primary instructional points included as text at bottom of screen throughout video, which will be useful for note taking
Cons
- None