2. Conventional Wisdom And The Crisis
Why it is that Fiscal policy is back in fashion.
1. One argument suggests that as Monetary and credit policy reached its limit policymakers had no other choice but to rely on fiscal policy more heavily.
2. The other argument is that as the recession across countries was expected to last long, fiscal stimulus would have enough time to yield beneficial i
51. Celler-Kefauver Antimerger Act : This act, passed in 1950, made it illegal in certain circumstances for a firm to merge with another by purchasing its assets. This strengthened the Clayton Act.
셀러-케파버 반합병법 : 1950년에 통과된 법령으로 특정한 상황에서 한 기업이 다른 기업의 자산을 구매하여 합병 하는 것을 불법으로 만들었다. 이것은
Mac was well made computer
but it was required $2000 to buy.
Only minorities bought MAC
I – Phone has been succeed.
But competitors are quickly following
Objective : Apple should extend their market share
Exception of Closed Policy(OEM)
Constraint Conditions
1) Mass Production Ability
2) Quality Control Ability
3) Non hostile to Apple or be in trouble with Android
LG
fiscal policy designed by the Johnson administration to reduce inflation. The program included a 10 percent tax surcharge on individual and corporate income effective for one year, with a presidential option to extend it for another year. It also included the elimination of the investment tax credit and a decrease in the rate of government spending.
존슨 세금 추징: 인플레이션을 줄
Keynesian fiscal policy(케인즈의 재정 정책)
Fiscal policy that manipulates government expenditures and taxation in order to move the economy toward a socially desirable level of income and output.
투입과 산출의 사회적으로 바람직한 수준으로 경제를 끌기 위해 정부의 지출와 징세를 관리하는 재정정책.
John M. Keynes (1883-1946) : 영국 경제