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Actual government budget deficit - PowerPoint PPT Presentation

Chapter 6

Chapter 6. The Government Budget, the Government Debt, and the Limitations of Fiscal Policy. Key Questions. Can fiscal policy rescue monetary policy from ineffectiveness? What are the side effects of running a large budget deficit?

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The Government Budget, Foreign Borrowing, and the Twin Deficit Chapter 5 Instructor: MELTEM INCE

The Government Budget, Foreign Borrowing, and the Twin Deficit Chapter 5 Instructor: MELTEM INCE. Budget Deficit (and Surplus). The Structural Deficit is the what the deficit of the economy would be if the economy were operating at natural real GDP.

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Actual government budget deficit - PowerPoint PPT Presentation

Chapter 6

The Government Budget, Foreign Borrowing, and the Twin Deficit Chapter 5 Instructor: MELTEM INCE