Billionaire Cover- (Trillionaire- Expansionary and Contractionary Fiscal Policy)

I wanna be a trillionaire so frikkin bad
Increase my GDP by more than half
I wanna be able to decrease the unemployment rate
Get us back on that LRAS
[Chorus]
Oh, in this Keynesian world we live in
The government was only two tools (yeah)
To fight the recessionary gap that we have
So let me tell you about them in my horrible rap
[Rap]
Obama plans on expanding our economy
And that's fine by me
Increase our output also know as GDP
By decreasing our taxes or increasing his spending
In the short run he'll have our outcome ascending
This is what we call expansionary fiscal
But it's something that we gotta understand the risk of
Sure our unemployment will decrease
But in a little while our happiness will cease
Because with G so high up we risk inflation
Something that can't have a long duration
The worst effect is in the long run
When capital formation will be undone
[CHORUS]
Oh in this Keynesian world we live in
When we have a severe case of inflation yeaah
The only option that have in terms of fiscal
Is to go other way that is to contract
Oh oooh oh oooh to decrease AD
Oh oooh oh oooh to cure our inflation

[Rap]
Now our contractionary policy is easy to manage
All we gotta do is create a balance
Decrease government spending that's the solution
Or increase everyone's taxes; that's the conclusion
With inflation there is too much dough
And because of that our economy won't grow
When we contract we decrease AD
So price levels will fall; it's that easy
But we have to be careful not to burden consumers
With less spending, more saving we'll hurt the producers
Like that w'ell minimize our GDP
Then it's back to expansionary ASAP!

I wanna be a trillionaire so frikkin bad
Increase my GDP by more than half
I wanna be able to decrease the unemployment rate
Get us back on that LRAS
[Chorus]
Oh, in this Keynesian world we live in
The government was only two tools (yeah)
To fix recessions and inflations; now that you know
I will end my song on this horrible note

Category:

Education

Tags:

• Billionaire
• AP Eco
• Expansionary Fiscal Policy
• Contractionary Fiscal Policy
• Fiscal Policy
• Acoustic

[RottweileRick]

i cant hear anything

[laladumdum]

@RottweileRick sorry!

[strong3rtiger]

LOL, this is so AWESOME! :)

[laladumdum]

@strong3rtiger why thank you lol :)

[laladumdum]

@strong3rtiger why thank you :)

[laladumdum]

@strong3rtiger why thank youu :)

[dogiesszz93928]

LOL. You should upload the one for anatomy!

[TheKameronKing]

HAHAHA GREAT!!

[THEONETHEONLYEM21]

we are stuck in a depression cuz of bush obama and clinton and most of all presdent nixon sighing the fait currency act 1973 making it ok for the private fedreral reserve to print as much money as needed or wanted this will cause a sharp decline in the buying of us t bills over seas devaluing the dollar and stripping the us of its triple a rating

[MoonBHAA]

yea son, fight recessionary gap, increase the muthafuckin government spending and decrease the taxes, bitch.....

[dogiesszz93928]

@dogiesszz93928 I have the recordings you sent me on my computer lolol