Slide 1 Slide 2 Fiscal Policy CHAPTER 16 Slide 3 C H A P T E R C H E C K L I S T When you have completed your study of this chapter, you will be able to 1 Describe the federal…

Slide 1 Slide 2 The focus in this chapter is on the following questions: How do deficits and surpluses arise? What harm (good) do deficits (surpluses) cause? Who will pay…

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Slide 1M ACROECONOMICS C H A P T E R © 2008 Worth Publishers, all rights reserved SIXTH EDITION PowerPoint ® Slides by Ron Cronovich N. G REGORY M ANKIW Aggregate Demand…

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A-LEVEL Economics Government Fiscal Policy Fiscal policy involves the use of government spending, taxation and borrowing to affect the level and growth of aggregate…

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