Government budgets and fiscal policy

OpenStax

@

Introduction to government budgets and fiscal policy

Government spending

1 Federal taxes

2 State and local taxes

3 Key concepts and summary

Federal deficits and the national debt

1 Debt/gdp ratio

2 The path from deficits to surpluses to deficits

3 Key concepts and summary

Using fiscal policy to fight recession, unemployment, and inflation

1 Expansionary fiscal policy

2 Contractionary fiscal policy

3 Key concepts and summary

Automatic stabilizers

1 Counterbalancing recession and boom

2 The standardized employment deficit or surplus

3 Key concepts and summary

Practical problems with discretionary fiscal policy

1 Fiscal policy and interest rates

2 Long and variable time lags

3 Temporary and permanent fiscal policy

4 Structural economic change takes time

5 The limitations of fiscal policy

6 Political realties and discretionary fiscal policy

7 Discretionary fiscal policy: summing up

8 Key concepts and summary

The question of a balanced budget

1 Key concepts and summary

Source: OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11

	31 The impacts of government borrowing By OpenStax Read Online Course
	29 Exchange rates and international capital flows By OpenStax Read Online Course
	23 AP 23 Digestive System Essay By OpenStax Start Flashcards
	47 Biology 47 Conservation Biology Biodiversity MCQ By OpenStax Start Quiz
	45 Biology 45 Population and Community Ecology MCQ By OpenStax Start Quiz
	Microeconomics Practice MCQ By Frank Levy Start Test
	28 AP 28 Development Inheritance MCQ By OpenStax Start Quiz
	Spreadsheets MCQ By Ryan Lowe Start Quiz
	2 Pharmacology Nervous System Essay By Rohini Ajay Start Test
	OOP with Java - Quiz 1 By Vongkol HENG Start Quiz
	1 AP Key Terms 01 Human Body Anatomy Physiology By OpenStax Start Key Terms
	Grade 10 Module 2.1 IT Quiz (Part 1) By Christine Zeelie Start Quiz