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  • GDP when you want to increase and move that AD to the right gotta go upon gov spending, that’s called fiscal policy .
  • GDP when you want to increase and move the AD to the right decrease taxes you’ll be alright, fiscal policy putting up a fight.
  • GDP when you want to increase you use the expansionary phase, it’s no disgrace it makes price levels raise.
  • GDP when you want to decrease and move that AD to the left by increasing those taxes, this is also fiscal policy.
  • GDP when you want to decrease it’s called contractionary, price levels go down let’s not frown it's cool right now. 
  • GDP when you want to decrease and move that AD to the left don’t lose that confidence, decrease on gov spending, that’s that fiscal policy.
  • Fiscal policy is so easy, what’s harder is monetary, you got three things that vary, let’s talk about monetary.
  • GDP when you want to increase it’s still expansionary, you move that AD to the right by decreasing discount rates or buying bonds for a day or even required reserves
  • It’ll make that AD swerve
  • GDP when you want to decrease it’s still contractionary, just move that AD to the left all it takes is just a sec by doing this
  • Increase those discount rates or even sell some bonds it’s easy just have some fun and increase those required reserves, so we can sleep.
  • That’s all for the monetary annddd fiscal policy let’s all scream G-D-P!!!
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