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Economics

Fiscal policy and public budgets

Evaluate government budgets and fiscal policy in the United States.

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Where this chapter sits in the course

Lessons

Chapter 17 of 18 · 6 short lessons · 24 min
  1. 1Government purchases, taxes, and transfers4 min
  2. 2Budget deficits and public debt3 min
  3. 3Automatic stabilizers3 min
  4. 4Discretionary fiscal policy4 min
  5. 5Fiscal multipliers and policy limits4 min
  6. 6Challenge: Fiscal policy and public budgets6 min

What you'll learn

  • Interpret government deficits and debt
  • Explain automatic and discretionary fiscal policy
  • Assess fiscal policy trade-offs

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