Compare the eff ectiveness of monetary and fi scal policy in the Keynesian range or the liquidity trap.   Examine the eff ects of a change in government expenditure on the equilibrium level of income...

Compare the eff ectiveness of monetary and fi scal policy in the Keynesian range or the liquidity trap.

Examine the eff ects of a change in government expenditure on the equilibrium level of income and the rate of interest

in a three sector economy. In this connection, throw some light on the crowding out eff ect.