Slide 1 Ch. 13: Fiscal Policy Federal budget process and recent history of outlays, tax revenues, deficits, and debts Supply-Side Economics Controversies on effects of deficits…

Slide 1 The Macroeconomic Perspective Unit 3, Lesson 1 Slide 2 The Macroeconomic Perspective Macroeconomic Perspective: Looking at the overall aspects and workings of a national…

Slide 1 America’s History Seventh Edition CHAPTER 5 Toward Independence: Years of Decision 1763-1776 Copyright © 2011 by Bedford/St. Martin’s James A. Henretta Rebecca…

Slide 1 Fiscal Policy, the Budget, and the National Debt zFiscal Policy -- the Federal government changing its government position (G - T) in order to stabilize the economy.…

Slide 1 Chapter 5 -- The Federal Budget zBudget = Tax Revenues - Government Expenditure (over a given period) zBudget = Tax Revenues - (Government purchases of goods and…

Slide 1 Chapter 13: Government Spending, Taxing, and National Debt Slide 2 Size of Government Government expenditures as a percentage of GDP have grown from 23% in 1960 to…

Slide 1 Jahnzeb Akhtar Slide 2 Slide 3 Warm Weather Warmer winter than North America & Europe (25°C) – Summers are hot but not uncomfortably hot (28°C) Slide 4 Sunshine…

Slide 1 How many zeros in a billion? Slide 2 (This is too true to be funny.) Slide 3 The next time you hear a politician use the word 'billion' in a casual manner,…

Slide 1 Government Spending Deficits, Surpluses, and The National Debt Slide 2 Tomorrow’s Test GDP (included/not included) Real GDP & Economic Growth Aggregate Supply…

Slide 1 Tax Forms & Deductions Slide 2 Net Income vs. Gross Income Gross income is the total amount a worker is paid before any required or voluntary deductions are made.…